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Comment on ‘My Property Tax Went From $15K to a Life-Altering $91K a Year’

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astutemural@midwest.social ⁨1⁩ ⁨day⁩ ago

Did you see the photo in the article? It’s a ‘single-family home’ in the way a Mercedes SUV is a minivan.

I mean, yah, housing is way too fuckimg expensive. But that is very definitely not a no-frills family home.

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BastingChemina@slrpnk.net ⁨20⁩ ⁨hours⁩ ago
The house is valued at $4.4 millions.

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- krashmo@lemmy.world ⁨18⁩ ⁨hours⁩ ago
  If it costs $90k for a $4 million home then a $1 million home would be taxed at $22.5k. That’s still half a years salary at median wages for an average priced home in many markets. Don’t let your hatred for rich people lead you to advocating for shitty policies.
  
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  - fireweed@lemmy.world ⁨15⁩ ⁨hours⁩ ago
    
    a $1 million home [… is …] an average priced home in many markets
    
    I’m going with this is the actual problem.
    
    Also, your math assumes a flat tax rate, and any decent tax system is progressive. I don’t know how Florida’s works, but again, actual problems.
    
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    krashmo@lemmy.world ⁨14⁩ ⁨hours⁩ ago
    Inflated home values are a huge part of the problem. That’s a large part of the point I’m making. At face value it seems fine to say “they have a $4 million home, they can afford the property taxes” but if you apply the same rate to the homes that average people have to buy you’re going to end up in a shitty spot. If taxing the rich is the goal we shouldn’t be talking about property taxes on single family homes unless it’s specifically related to second and third homes.
    
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    zod000@lemmy.ml ⁨13⁩ ⁨hours⁩ ago
    Not that it changes your point, but Florida’s property tax is not progressive in any of the areas that I lived.
    
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krashmo@lemmy.world ⁨18⁩ ⁨hours⁩ ago
I don’t think it matters what the house looks like. That’s a ridiculous amount for any single home. I understand the desire to tax the rich but there are better ways to accomplish that than jacking up property taxes for everyone, especially when inflationary housing costs are a simultaneous concern.

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- WoodScientist@sh.itjust.works ⁨13⁩ ⁨hours⁩ ago
  The solution is to demolish the home and build multi-family housing there. Low density single family zoning has no place in an area where the land values are that expensive. Keep that kind of development on the urban fringe where it belongs.
  
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