Re:The Shock of Sweden's Housing Market Is Hitting the Count...
by opportune on Wednesday November 15, 2017 @12:43PM
(#15705749)
You're right, I thought the parent was complaining about higher property taxes, not that property taxes would increase if they were to move to a similarly valued house.
That does disincentivize moving into an equally valued house, but moving into that house would have the parent paying about ~2% of X each year in property taxes as opposed to ~1% of X. The appreciation of the house still covers the increase in property taxes for the next 75 years.
That does disincentivize moving into an equally valued house, but moving into that house would have the parent paying about ~2% of X each year in property taxes as opposed to ~1% of X. The appreciation of the house still covers the increase in property taxes for the next 75 years.