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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (8999)2/18/2003 12:52:33 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
If it isn't the property owners who send kids to school, are you saying they should pay for schools anyway?

Yes- because they went to school once for free on somebody else's nickel and that is the system we have. If the "everybody pays equally" system is unacceptable to you, then we can do a "pay as you go" approach- that would be ok, in either case the long time owners are screwing the system, because their renters are not paying.

Or, are you simply looking for any available large pot of money, such as landlord's equity? If so, that's not "fairness" in any sense, to tax those who have assets, rather than those who create the expense.

Or am I missing something?


Yes- you are missing something. The renters who are using the system are paying a kind of "tax" in the form of high rents- but it is NOT going for the services they use, instead it is going into the owners pocket. The renters' services are being subsidized by those that do pay meaningful taxes, people like me.