How Not to Build a Country: Canada’s Late Soviet Pessimism

Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by jogjayr on Saturday September 28, 2019 @11:49PM (#21104934)

The challenge is in the details. Who determines X, and how? Is X fixed or does it increase over time? If yes, is it indexed to inflation? In what way? CPI, local housing market, something else?

Capping property taxes is the same as rent control. It has the same challenges in its implementation, and the same downsides and costs.

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by achenatx on Sunday September 29, 2019 @12:10AM (#21105022)

In austin, property taxes are "capped" but they keep accruing+ interest. They are taken out of the estate when the owner passes.

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by caseysoftware on Sunday September 29, 2019 @12:23AM (#21105070)

Capped in what way? My escrow goes up every year as City Council consistently increases rates to the legal maximum.

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