Re:How America Bankrupted its Cities [video]
by eugenekolo on Tuesday January 12, 2021 @12:55PM
(#25750570)
It does add value in the real market. It doesn't add value according to the town property assessor. There's a disconnect between reality and property taxes.
This is the beautiful thing about prices - we let individuals decide what something is worth. Perhaps we don't need new taxes but just better assessors and planning.