3 ms·
The institutions have been a considerable growth factor for the city. Seems kind of rude to stop them from parking their money in real estate like everyone else
by valianteffort 3y ago
The institutions have been a considerable growth factor for the city. Seems kind of rude to stop them from parking their money in real estate like everyone else has been doing.
- bobthepanda 3y agoWho’s stopping them? They can own real estate, they just have to pay taxes “like everyone else has been doing.”
- lmm 3y agoI'm all for getting rid of special treatment for 503cs, but slapping an arbitrary extra 2.5% tax on large endowments is just as bad.