AmericanHistoryX
Well-known member
This is the new thing. Its called a VIEW Tax
High-rise apartment owners are being hit with huge rate hikes with those above the 40th floor facing an up to 50 per cent increase in one city — and there are fears it could be taken up by others.
The move for apartment owners on the Gold Coast to increase rates depending on what floor a unit is on has been slammed by critics and dubbed a “view tax”.
The council believes the change “ensures unit owners are charged fairly” as floor level can affect a property’s value.
High-rise apartment owners are being hit with huge rate hikes with those above the 40th floor facing an up to 50 per cent increase in one city — and there are fears it could be taken up by others.
The move for apartment owners on the Gold Coast to increase rates depending on what floor a unit is on has been slammed by critics and dubbed a “view tax”.
The council believes the change “ensures unit owners are charged fairly” as floor level can affect a property’s value.