Building permits to primary residences should be free, and property taxes on primary residences should be determined at the time of purchase. As it is, you are punished for attempting to increase value/utility of your residence. If a property is being used as an asset, this can be justified but should still follow capital gains ideas, where the gain is taxed, not the unrealized gain and process of investment. If youre worried about joe 6 pack building up some shanty shack that collapses or burns your property down, then the free permit that requires passing inspections by licensed professionals in the specific realm of inspection presented is already enough
>>84311372>Building permits to primary residences should be freeso you want to subsidize the profits of for profit corporations with your tax dollars? you wont see a single penny of that taken off the final sticker price.>and property taxes on primary residences should be determined at the time of purchase. As it is, you are punished for attempting to increase value/utility of your residencebeing asked to contribute to your local infrastructure and schools is not a punishment, its you upholding your end of the social contract.>If a property is being used as an asset, this can be justified but should still follow capital gains ideas, where the gain is taxed, not the unrealized gain and process of investment.how about we end mortgage backed securities and therefore housing being a speculative financial asset and turn it back into housing. that would make much bigger difference in the price of housing than subsidizing the profits of developers with your taxes.
