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Re:Ask HN: Anyone else feels the commoditization of real est... by VirusNewbie on Saturday August 13, 2022 @11:30AM (#32450790)
Tax land value appreciation, that is the rent seeking part of the equation. You want to incentivize developers to create more units, you want to discourage people buying units hoping to bank on appreciation.
Re:Ask HN: Anyone else feels the commoditization of real est... by turtlebits on Saturday August 13, 2022 @11:43AM (#32450921)
Then you’ve pretty much forced every retired homeowner to sell and move when their neighborhood starts to become desired.
Re:Ask HN: Anyone else feels the commoditization of real est... by VirusNewbie on Saturday August 13, 2022 @01:21PM (#32451875)
I didn’t mean as a property tax, I meant upon sale/transfer.