geeivebeensavedbyfox t1_j18d3qx wrote
Reply to comment by throwawaitnine in 29-Unit, Mixed-Use Project to be Built on Broad Street Diner Site - Rising Real Estate by RoughRhinos
Na, property assessment is imprecise. New homes and old home "improvement" values are similar. Taxing the land shifts the burden to empty lot owners.
throwawaitnine t1_j18joxi wrote
It shifts the burden to people in established neighborhoods who can't unlock the equity in their home because of their income.
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