It is something. The funny thing is that it is a trap: you get your 20k/year tax break and the consequence is that everything else around you is overpriced.
> High-speed railway,
... is the result of not having enough roads. There are not enough roads, because new construction is discouraged. New construction is discouraged, in part, because there is a tax break for the property that was bought many years ago.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2017-10-22 03:43 pm (UTC)It is something. The funny thing is that it is a trap: you get your 20k/year tax break and the consequence is that everything else around you is overpriced.
> High-speed railway,
... is the result of not having enough roads.
There are not enough roads, because new construction is discouraged.
New construction is discouraged, in part, because there is a tax break for the property that was bought many years ago.