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by 4ntonius8lock 2616 days ago
Nope. You hoarding wealth won't make the neighborhood less appealing. The hoarder is not free loading.

New wealth can be created, we don't need yours. If your investment real estate is contributing $1/square foot in property taxes but everyone else's occupied property is contributing $5/square foot in wages, sales tax, property tax and municipal fees... then it makes sense to charge the free loaders. This isn't even dealing with the blight and community development points. Just from a financial perspective it makes sense.