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by zip1234 1269 days ago
My understanding is that in most places taxes would go down for homes. They would go up massively for those with vacant lots or a lot of land in prime areas that is being underutilized, which is why LVT is great.
1 comments

My understanding is that people try to live their life and than tech bros and yuppies move in and somehow the taxes go through the roof and you gotta leave.

I mean, you sell your house with a lot of lot for a lot to some Facebook manager and move to Florida, but the whole scheme seems sinister to me.

Somehow "not getting my neighborhood ruined" is labeled NIMBY:ism nowadays?

I was specifically responding to the actual effects of LVT in practice. I'm not sure what you mean by sinister and also 'neighborhood ruined'?