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small cities and towns I've been in are predominately single family homes, yet they somehow all have schools paid for by taxes That somehow is because they tax
by 300bps 4y ago
small cities and towns I've been in are predominately single family homes, yet they somehow all have schools paid for by taxes
That somehow is because they tax people that don't have kids in school. In fact, municipalities can nudge this.
Approve a 55+ community and it will give the community a net tax benefit. Same thing with a condo community. But approve a plan for a community of single family homes with 4+ bedrooms and you will have a huge drain on the tax base literally forever.