Comment on Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you

<- View Parent
Spaceballstheusername@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

Property has infrastructure like water, roads, electrical, sewers, etc running to it that needs to be maintained. It also has things like fire fighting police surveyors etc that need to be paid in order to maintain society. Everyone could work in a city therefore the city/county/state would collect the income tax but the local town you live in doesn’t get any of that money.

source
Sort:hotnewtop