← Back to context

Comment by shkkmo

6 hours ago

> One way out could be to tax the value gain at the time of sale, or when the house gets rented out, thus no longer being “owner occupied”.

Forcing renters and buyers to pay for the local services instead of property owners seems extremely unfair.

> Any increase in housing value (and thus property taxes) is mostly an increase in the cost of living.

So? If the property values go up then cost of living is going up for renters too. Why should property owners be shielded from this by imposing local service costs on renters who generally have even lower incomes than owners.