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But isn't it relevant when the use changes the need for public services? Aren't the external effects captured when fair market value is the value against which
by howard941 7y ago
But isn't it relevant when the use changes the need for public services? Aren't the external effects captured when fair market value is the value against which a millage rate's applied? I'm not seeing what's gained by ignoring the use.
- Breza 7y agoI agree with this objection. If I use my land for a business, it stresses the government more than if I live on my land. My customers need a place to park (my neighborhood has on-street parking), the local housing crunch is made worse because I have to find another place to sleep, etc. And what if my business has externalities like pollution?