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A comment on Detroit wants to be the first big American city to tax land value. Parent comment

Re:Detroit wants to be the first big American city to tax la... by somethoughts on Monday October 16, 2023 @09:23PM (#37909137)
Here would be an example:

North Texas homeowners getting 'sticker shock' with new property tax appraisals

https://www.youtube.com/watch?v=Nu5jAqB88tc

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Re:Detroit wants to be the first big American city to tax la... by eru on Monday October 16, 2023 @09:28PM (#37909188)
That's an increase, but is it a spiral?
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Re:Detroit wants to be the first big American city to tax la... by somethoughts on Monday October 16, 2023 @09:45PM (#37909351)
Agree - for most people its an increase, but for a homeowner on a fixed income it can feel the equivalent to a spiral.
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Re:Detroit wants to be the first big American city to tax la... by ethanbond on Monday October 16, 2023 @10:14PM (#37909644)
The “spiral” question is because I’m looking for a positive feedback loop. Just an increase (even a substantial one) is way less alarming.
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