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Reply to "North Dakota Ballot Measure to get rid of Property Tax"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In NYC there is even something more cool. In Soho and Tribeca there is a handful of small older coop buildings where coop owns the first floor rental commercial property space. The rental income is so high the building pays no monthly maint charges and in fact some get rebates every year. A coop includes, property taxes, heat, hot water, gas so those people only pay the electric bill each month. They now sell for a lot but older people who bought have been [b]free riding for 30-50 years[/b] [/quote] That's California writ large because of Prop 13. [/quote] And the schools suffer for it. -signed a long time CA resident who grew up going to public school there.[/quote]
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