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A comment on Detroit wants to be the first big American city to tax land value. Parent comment
> This is why so many properties are vacant now.
In Detroit...?
People don't walk away because they can't afford taxes. It's because any dollar spent is negative NPV!
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> This is why so many properties are vacant now.
In Detroit...?
People don't walk away because they can't afford taxes. It's because any dollar spent is negative NPV!