Re:High property taxes are good
by imtringued on Wednesday July 20, 2022 @07:00PM
(#32173533)
It doesn't, the only thing it does is remove the tax per apartment which means building more apartments on the same lot becomes cheaper per apartment.
[ Parent
| on HN ]
It doesn't what? Yes it becomes cheaper per apartment, but as I've explained elsewhere, you don't want an incentive for only one sized apartment because urban centers need a diverse set of living spaces suitable for families and bachelors alike. They all work in the city after all.