alt Hacker NewsNow you’ve created a property tax regime where nobody is going to want to own residential property near a transit station.
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jltsiren • yesterday at 5:53 PM
Do you mean that nobody wants property values go up? The government gets more property taxes, because properties near transit stations are more valuable than in other places.
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typically people want to live nearby transit stations because it means you can get places cheaply.
the property value goes up because of increased demand for it