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Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by no_wizard on Saturday February 10, 2024 @02:24PM (#39329378)
If your property tax is 23 million dollars then your overall income would in proportion be well over 100 million a year to afford it reasonably no? To even own a home like that in the first place, you’d have to have a property worth over 100 million dollars if tax calculators are correct.

I think this is outside the realm of what most people run into affordability wise and frankly at that level of income I’m willing to bet affording the property tax is much less of a concern

Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by tmaly on Saturday February 10, 2024 @04:37PM (#39330467)
mil is mill rate = $1 per $1000 of assessed value.
Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by no_wizard on Saturday February 10, 2024 @05:43PM (#39330901)
TIL! Never heard of it referred that way before
Re:A rent-stabilized 1 bedroom apartment for $1,100 In NYC? ... by MagnumOpus on Monday February 12, 2024 @06:34AM (#39343752)
The correct term is "per mil" or "per mille" (‰), equivalent to "per cent" (%).