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A comment on Munich court tells Netflix to stop using H.265 video coding to stream UHD. Parent comment

Re:Munich court tells Netflix to stop using H.265 video codi... by OrvalWintermute on Monday November 13, 2023 @10:30AM (#38251310)
> This sounds terrible for owners and perfect for governments and rich investors.

I live in a blue area where the tax appraisals deviate from the for-sale listings by hundreds of thousands to millions, 4 million is the highest deviation I've seen thus far.

Thought a fairer system would be for appraisals to raise to the highest listing price, or most recently sold price, automatically.

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Re:Munich court tells Netflix to stop using H.265 video codi... by freeone3000 on Monday November 13, 2023 @10:43AM (#38251474)
This sounds so obvious that I see no downside. The a very good estimate of the value of a property is the price it last sold for.
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Re:Munich court tells Netflix to stop using H.265 video codi... by thinkharderdev on Monday November 13, 2023 @11:06AM (#38251753)
Unless the last sale was 25 years ago
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Re:Munich court tells Netflix to stop using H.265 video codi... by freeone3000 on Monday November 13, 2023 @11:15AM (#38251882)
Even so! This is usually closer than the assessor estimate! Assessor estimates are wildly off, mine by nearly $400k, or more than 60% of the total value.
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Re:Munich court tells Netflix to stop using H.265 video codi... by thinkharderdev on Monday November 13, 2023 @12:43PM (#38252876)
That is nuts. I wish the assessors in my state were that incompetent :)
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Re:Munich court tells Netflix to stop using H.265 video codi... by toast0 on Monday November 13, 2023 @10:56AM (#38251622)
I've looked at property taxes in different states and some states have a system where tax appraisals are roughly based on actual fair market value, possibly with adjustments which may be distorting (Prop 13, for instance), and those will usually take a completed sale price as evidence of fair market value.

Other states have systems where tax appraisal is routinely 10% of fair market value, and there's some justification for that that never made sense to me. Typically the published tax rates are then much higher than in states with fair market value appraisals. Tax rates as a % of actual market value tend to be roughly similar across states though.

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