4 ms·

I strongly doubt property taxes anywhere exceed the rental value of the land.

• causi 4y ago
  I'm just trying to live on it. I find the entire concept of using a fundamentally scarce resource like land to generate profit by being a middle-man perverse.
  • slowmovintarget 4y ago
    It's not for profit though. Presumably there are city services involved (fire, police, emergency), civil utilities (water and sewage perhaps, electricity), and state defense. You're paying to live in that environment created by the government around that parcel, not just on that parcel.
    • causi 4y ago
      I'm saying buying land to rent it out instead of living on it is perverse.