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frisia | 3 years ago

> There’s no inalienable right to live in a popular place you cannot afford.

I agree, that's why single family households should have a higher property tax and high density a lower one. Currently single family households are subsidized.[1]

[1]: https://www.strongtowns.org/journal/2020/4/16/when-apartment...

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nonford150|3 years ago

But property taxes are local. Raising them only supplies more revenue to the local area. For the US, also, one needs to take into account many states have limits on property tax rates and revenue raises in general, such as millage rates have to be fully balanced with spending, which in turn, has limits. Excess rate increases will simply make those areas less valuable, which will push people to even lower taxed areas, which, at least in the US, are even more rural areas, thereby increasing the concern for climate change and a reduction in population density.