How Many Years of Life Does That House Cost?

Re:How Many Years of Life Does That House Cost? by pjc50 on Friday September 08, 2017 @05:45PM (#15204175)

Ah yes; I'm in the UK where local taxes are levied on the occupant not the owner, so you have to pay them even if you rent.

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Re:How Many Years of Life Does That House Cost? by sokoloff on Friday September 08, 2017 @05:47PM (#15204194)

Interesting. TIL this; thanks.

I like that approach as it makes clear the financial flows and put the tenant in the logical frame of mind of "am I getting what I'm paying for?" when considering new civic projects or other budget items.

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Re:How Many Years of Life Does That House Cost? by pjc50 on Saturday September 09, 2017 @05:12AM (#15206213)

It would be nice if it worked that way, but local tax rates tend to be a matter for national politics, resulting in all sorts of messed up incentives. National government imposed a freeze on council tax increases for a while. The council tax system also has not had a house revaluation for two decades and the upper "band" is quite low, so it's regressive at the high end.

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