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Pittsburgh used the two-rate system from 1913 to 2001 [21] when a countywide property reassessment led to a drastic increase in assessed land values during 2001 after years of underassessment, and the system was abandoned in favor of the traditional single-rate property tax. The tax on land in Pittsburgh was about 5.77 times the tax on ...
The present value of ground-rent is the basis for land prices. A land value tax (LVT) will reduce the ground rent received by the landlord, and thus will decrease the price of land, holding all else constant. [citation needed] The rent charged for land may also decrease as a result of efficiency gains if speculators stop hoarding unused land.
Land originally granted by the government was commonly done by documents called land patents. Lots of land can be sold/bought by the owners or conveyed in other ways. Such conveyances are made by documents called deeds which should be recorded by the government, typically the county recorder's office.
In May, Overland Park officials approved the latest set of plans for a mixed-use development on the undeveloped part of the plot. The plans include 600 apartment units and more than 400,000 square ...
Home prices are rising mostly due to a housing inventory struggling to keep up with demand. Home prices in Erie County average $223,000. Here's what you can buy with that
From 2019 to 2022, the median home price in Ada County increased by over $220,000 to $566,000, the county’s highest yearly median in history, while Canyon County’s increased by about $192,000 ...
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