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[-] lateraltwo@lemmy.world 3 points 10 months ago

Higher wages or lower costs, but lower costs would kill the stock market

[-] mayo 1 points 10 months ago

And if you're in a HCOL city the municipality is probably thriving off the property taxes.

[-] SCB@lemmy.world 4 points 10 months ago

Property taxes actually need to be raised in most cities, especially for single-family homes.

Everyone in the suburbs should pay a property tax premium for that benefit, for instance, to address the externalities of having suburbs.

[-] mayo 1 points 10 months ago

Maybe in the US but not in Canada.

[-] SCB@lemmy.world 0 points 10 months ago

Canada also has spiking housing rates and thus would also benefit

this post was submitted on 31 Aug 2023
462 points (98.1% liked)

Work Reform

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