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The math in article is correct when it says that those communities need to raise taxes by few hundred dollars per year. However, the article talks a lot about
by theamk 6y ago
The math in article is correct when it says that those communities need to raise taxes by few hundred dollars per year.
However, the article talks a lot about increased density, and even says outright:
> Ultimately, though, I think no amount of bandaging with higher tax rates or user fees is going to be a long-term solution
The author presents no no evidence of this fact.
The only way this can be correct is if raising taxes by a few hundred dollars would make those houses so expensive, that people would move out and houses would stay empty. I doubt this is the case, and I see no data to support this for this in the article.