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>First, commercial property taxes in California are generally higher than residential. Sure, but businesses making _more_ for an area doesn't mean residential
by RetpolineDrama 4y ago
>First, commercial property taxes in California are generally higher than residential.
Sure, but businesses making _more_ for an area doesn't mean residential areas aren't profitable.
>the bit of road your car is parked on usually costs more than the car.
Sensational nonsense. ~100sq ft of black tar asphalt, barring some kind of bananna republic corruption scheme, could never cost _more_ than an average automobile. Think about how absurd that statement is, and reevaluate why your internal filters allowed that statement through.
>Now walk around your neighborhood and look at how much road there is. ALL of it costs that much. Most of us don't think about it, but it has to be paid for somehow. And it really isn't cheap.
The premise is absurd, so the conclusion from it is invalid.
- btilly 4y agoYes, you get taxes from a residential area. But if you get MORE from a business area, guess which one cities are going to be incentivized to attract? About the road, a standard parking space is 180 square feet. At $100 per square foot for the land that's $18,000. Now compare to the car. Per https://hedgescompany.com/blog/2022/02/how-old-are-cars/ https://hedgescompany.com/blog/2022/02/how-old-are-cars/ the median car is about 12 years old. If you want to buy a 2011 car right now, https://www.truecar.com/used-cars-for-sale/listings/year-2011/ https://www.truecar.com/used-cars-for-sale/listings/year-201... shows you a whole lot of options. All are substantially less than that. The median car really does cost less than the space where it is parked. For more on this, see https://streetwidths.its.ucla.edu/ https://streetwidths.its.ucla.edu/