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Thread: Should Taxes Be Regionally Indexed?

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  1. 03-06-2010, 03:04 PM #1
    Loki
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    Quote Originally Posted by Hazir View Post
    I think to make that relevant to the debate you'd have to translate this into the costs of financing a 2BR in Manhattan (coz that's the place we're really talking about).
    Why? The costs of renting are dependent on the cost of the mortgage.
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  2. 03-06-2010, 03:12 PM #2
    Hazir
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    Quote Originally Posted by Loki View Post
    Why? The costs of renting are dependent on the cost of the mortgage.
    Not necessarily in NYC, there are way too many people who don't pay market prices down there. It just complicates talking about the issue if you don't limit your scope. And we are just talking about should people get a (higher) subsidy on buying a house in Manhattan than on buying a house in West Virginia?
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