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A comment on Los Angeles is spending up to $837k to house a single homeless person. Parent comment

Re:Los Angeles is spending up to $837k to house a single hom... by muaytimbo on Thursday February 24, 2022 @11:10PM (#30463631)
False choice. Another option is no tax.
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Re:Los Angeles is spending up to $837k to house a single hom... by seanmcdirmid on Thursday February 24, 2022 @11:21PM (#30463684)
Oh yes. China doesn’t have a property tax and only a tax on property sales. The result is that apartments are seen as speculative assets and cost way more than they do even in the USA. The results of no tax on property are very predictable.
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