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jjavlast Thursday at 2:36 PM1 replyview on HN

That feels like wishfull thinking. What I see around me in practice is government doing all they can to sell off public lots (like parks) to developers to tear down the park and build another luxury condo. More tax revenue, more money in the government pocket, some bribes under the table, another loss of quality of life in the neighborhood.


Replies

estearumlast Thursday at 2:45 PM

Right, because selling it is a better revenue opportunity. Under the tax scheme described, the reverse is true.

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