If you live in a place that doesn't have oppresive taxes and the real estate mar... | Hacker News

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		dexterdog 5 months ago \| parent \| context \| favorite \| on: The man who spent forty-two years at the Beverly H... If you live in a place that doesn't have oppresive taxes and the real estate market maintains an unrealistic growth rate.

walthamstow 5 months ago [–]

You have described London. There are no taxes on owning a property at all, the growth rate has slowed somewhat since the 00s heyday but it's still going up.

walthamstow 5 months ago | [–]

Prices are going up, that is, not the rate. A classic economics faux pas!

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