• AA5B@lemmy.world
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    1 year ago

    Seems like a good way to get a lot of retired folk to lose their property over taxes, as land value rises above their means

    • spitfire@infosec.pub
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      1 year ago

      There won’t be any other taxes for them to pay, so they will have more purchasing power. Chances are, they’re still going to have the same place unless that retired guy decides to build a hotel or something on it.