Housing numbers worse than have been reported

[gwynedd1]

Originally Posted by GoCUBS1

Not you Gwynedd1....

Indeed I hope not because there is a great deal for me to complain about on your behalf about the more industrious side of your business. Even our real estate taxes as close as they are to the better model are preposterous. What is the point of a tax? The entire public budget is spent on that system which is used to manage the friction we have between each other in the use of space. Roads, bridges, sewers are all matters of our interactions. So what is it in property that has this nature? The ground. So why is it that taxes are based upon square feet of the building and the improvements?

So why is the tax used to manage space used to discourage the better use of space from a private source of revenue? In fact when you improve your building, the empty lot next to you benefits while you pay a higher tax. So let them sit and collect on the speculation your improvements will succeed?

Ground tax, not structure taxes.

//www.city-data.com/forum/chica...e-footage.html

We tremble in fear of improving the land when fat absentee land lords just wait around for the suckers to build it up into this stiff head wind?

[modeerf]

Originally Posted by GoCUBS1

And I think we've learned that countries don't prosper building bigger and bigger, cheaply made, inefficient tract McMansions in faraway deforested fields for people with more and more credit access in their pockets.

Really? That's your cause de' jour... Big homes in the country on hills?
All that tells me, is there is a simplicity to your world and a disdain for what people would like to experience in this life.

I too would like to see your figures that support this claim. Because this has not been my experience with the market in my area.

I don't have any. It is a WAG based on my experiences and intuition. Clearly not perfect, but pretty damn accurate, says my wife.