4 ms·
You could develop a giant complex and sell the units to individuals instead of renting! Or there could also be a different tax rate depending on density. Singl
by californical 4y ago
You could develop a giant complex and sell the units to individuals instead of renting!
Or there could also be a different tax rate depending on density. Single family home would be taxed the highest. Lower taxes for townhomes. Lower still for apartments.
The rate would still increase with number of units that a single entity owns, but by a smaller amount for more-dense housing.
- impossiblefork 4y agoThis is the system we have in Sweden, although it has a problem in that it sometimes happens that developers saddle the resulting condominium association with debts, which are sometimes substantial.