Re:The $3500 Shirt – A History Lesson in Economics
by zaroth on Saturday January 24, 2015 @08:50PM
(#8941786)
> That this does not happen is simply a form of corruption...
That's what property taxes are, to the tune of ~$500 billion per year in the US! The market price of a dwelling is inversely proportional to the tax rate, so it IS priced into the sale.
That's what property taxes are, to the tune of ~$500 billion per year in the US! The market price of a dwelling is inversely proportional to the tax rate, so it IS priced into the sale.