Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you

Modern_medicine_isnt@lemmy.world ⁨2⁩ ⁨days⁩ ago

While I do think there should be some relief for some people as far as property taxes are concerned… living in a town or city gives a person access to many local government subsided services. Firefighters, and ambulances are some simple ones that everyone uses. Roads as well. And the cost of that does increase over time. Basing a person’s contributions to paying for that based on the value of thier property is just easier for local governments, and more stable. But it doesn’t really corelate with the use of those services. Nor with income or ability to pay.
Life necessities really shouldn’t be taxed at most levels. Food, shelter, water, heat, medical care. Most already aren’t. But housing still is. Investment properties should be taxed of course, but an average primary residence really shouldn’t be.

source
Sort:hotnewtop