4 ms·
if someone is underutilizing an asset like land, to the point that they wouldn't be able to flow enough cash to pay fairly assessed taxes on it, maybe there sho
by 0_____0 3y ago
if someone is underutilizing an asset like land, to the point that they wouldn't be able to flow enough cash to pay fairly assessed taxes on it, maybe there should be an incentive to sell, rent out, or refinance the property. Lot of empty nesters knocking around 4br homes in the Bay, maybe it's ok to stop subsidizing them. If all else fails, they're sitting on a million+ dollar asset that should keep them living quite well for the rest of their lives, even if they take that cash and grab a nearby condo.