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That's a great idea, especially if they don't evict people, but just take a chunk of the house that is the state's now if they don't pay taxes. If house prices
by proverbialbunny 7y ago
That's a great idea, especially if they don't evict people, but just take a chunk of the house that is the state's now if they don't pay taxes.
If house prices go up, the state profits when the house changes hands, or the state owns all of the house and then needs to evict people.
- fountainofage 7y agoAgain, no need to evict people. The state will get its money someday. For shorter term expense needs, they can issue bonds referencing that lien as the collateral. Everyone dies eventually.