#property-taxation

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UK politics
fromwww.independent.co.uk
2 weeks ago

Mapped: Where mansion tax could hit as Reeves looks at raising council tax rates

Labour may target high-value homes with a mansion-style levy or council tax overhaul to raise revenue and concentrate taxes on the wealthiest.
fromSlate Magazine
1 month ago

How Land Became the World's Favorite-and Most Destructive-Asset

In the priciest U.S. cities, three-quarters of the value of residential neighborhoods is just dirt. The aftermath of January's Los Angeles fires shows one consequence of this bizarre situation, since victims' insurance payouts (equivalent to the structure cost) are so much less than their mortgages (which include the precious land). Starting over elsewhere becomes a financially ruinous proposition.
Real estate
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