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I'm going to buy a House! (file.coffee)

submitted 1 year ago* (last edited 1 year ago) by sag@lemm.ee to c/comicstrips@lemmy.world

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[-] BastingChemina@slrpnk.net 17 points 1 year ago

Agreed, if no one is resident in the house then the taxes should go way up.

This way any house where the owner isn't living there and it's not rented would see the taxes increase quickly. We can even add a multiplier according to how many years the house has been sitting there empty.

[-] malloc@lemmy.world 7 points 1 year ago

In a way, some states do have this. Texas for example has the “homestead tax exemption” which puts a cap on the tax burden increases when prop evals 📈. This is only applicable to one home for the family and they must reside in it. You can’t claim this exemption if you are renting it out or have a summer home in this state.

This is what I understand anyways.

this post was submitted on 11 Sep 2023

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