property taxes can and often do go up 2% per year. plus there are other tax add ons - school bonds etc. R property taxes tripled in 20 yrs.
That's good! I understand the need for predictability which is why I'm generally supportive of RC for tenants and then predictable taxes for
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Accounts for most of the gains.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Owners. But the inflexibility to tax gains means we leave a lot of $$ on the table. It's bizarre how the discourse says Developers can't
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so the $$ left on the table are taxes on the 500k, since gains above 500k are taxed? I wonder how much $$ this represents.
End of conversation
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Make money on the <2000 units/yr they build while the owners of the 380K get to capture virtually all of their gains. Which is the pt that
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well, um - I'm guessing that developers r making $$. But have to admit I don't know enuf abt their finances to really make a judgement.
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