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Maybe just be repealed for commercial uses, I don't get it why commercial properties are exempts. There is a podcast by Malcolm Gladwell about a golf club in t
by mars4rp 7y ago
Maybe just be repealed for commercial uses, I don't get it why commercial properties are exempts.
There is a podcast by Malcolm Gladwell about a golf club in the heart of LA, the land worth north of $2B and they are paying property taxes on purchase price! this is insane, we need our laws to stop subsiding the rich!
- HillaryBriss 7y agoone of the interesting special cases here is rental properties, in particular apartments. if the property tax is raised on these buildings, the costs will ultimately pass through to the tenants.
- mars4rp 7y agoapartment buildings are still residentials! I am just talking about properties that nobody lives in it.