Re:Most Germans don’t buy their homes, they rent
by shostack on Tuesday October 25, 2016 @08:49AM
(#12787450)
This.
Just got my tax bill and I see I'm paying a percentage of my home value for things like school districts, etc.
Why I as a relatively new resident who has not benefited from these services yet is paying a disproportionate percentage of the taxes by a massive amount compared to people who have benefited from these services for decades while paying a pittance due to their locked prop 13 tax rates is beyond infuriating.
Doubly so when those long time owners have captured absolutely massive value through collecting rents and massive asset appreciation.
I'm all for paying my fair share for services in my community. This is not my fair share. At the very least it should be equal if not based on how long people have lived there.
Just got my tax bill and I see I'm paying a percentage of my home value for things like school districts, etc.
Why I as a relatively new resident who has not benefited from these services yet is paying a disproportionate percentage of the taxes by a massive amount compared to people who have benefited from these services for decades while paying a pittance due to their locked prop 13 tax rates is beyond infuriating.
Doubly so when those long time owners have captured absolutely massive value through collecting rents and massive asset appreciation.
I'm all for paying my fair share for services in my community. This is not my fair share. At the very least it should be equal if not based on how long people have lived there.