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That's a property tax, not quite the same thing. You'd still pay it even if the home didn't increase in value, and you'd still pay it even if the home decreased
by sudhirj 5y ago
That's a property tax, not quite the same thing. You'd still pay it even if the home didn't increase in value, and you'd still pay it even if the home decreased in value, right? Isn't that more a local infrastructure bill?
- brewdad 5y agoThe property tax is based on the value of the home. If your home loses value, your property tax goes down, all other things being equal. Increasing home values increase your property tax bill.
- magicalhippo 5y agoHere the property tax is a function of the estimated marked value of the property. Especially fun for old people living off their pension in their family home with large, attractive gardens in areas which were way outside town but now, some 50-60 years later, has become highly attractive... https://www.oslo.kommune.no/skatt-og-naring/skatt-og-avgift/eiendomsskatt/hvor-mye-skal-du-betale-i-eiendomsskatt/ https://www.oslo.kommune.no/skatt-og-naring/skatt-og-avgift/...