• mayo
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      1 year ago

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

      • SCB@lemmy.world
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        1 year 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
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          1 year ago

          Maybe in the US but not in Canada.

          • SCB@lemmy.world
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            1 year ago

            Canada also has spiking housing rates and thus would also benefit