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return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 7 months ago

Baby boomers' property tax revolt

www.businessinsider.com

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Baby boomers' property tax revolt

www.businessinsider.com

return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 7 months ago
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Baby boomers want to axe property taxes. Millennials and Gen Z would pay for it.
www.businessinsider.com
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Boomers want to stop paying property taxes on the valuable real estate they own. That could hamstring millennials and Gen Zers trying to buy a home.
  • agent_nycto@lemmy.world
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    7 months ago

    That extra amount per month can really screw with low/ fixed income people though, I feel like there should be something to help with that.

    • Peruvian_Skies@sh.itjust.works
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      7 months ago

      They can easily solve the problem by selling their overpriced homes.

      • agent_nycto@lemmy.world
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        7 months ago

        And then live in rentals which are more expensive?

        • Spur4383@lemmy.world
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          7 months ago

          Oye but a smaller home and keep the difference between the two homes as income… though they may have to pay taxes in that, so I think that’s not possible

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