SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 4 months agoFamily's Chicago property taxes increase 440%; small apartment complex in bankruptcy dangerabc7chicago.comexternal-linkmessage-square3fedilinkarrow-up145arrow-down11
arrow-up144arrow-down1external-linkFamily's Chicago property taxes increase 440%; small apartment complex in bankruptcy dangerabc7chicago.comSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 4 months agomessage-square3fedilink
minus-squareStern@lemmy.worldlinkfedilinkEnglisharrow-up15·edit-24 months ago They said multi-unit rental buildings were “unfairly classified as commercial properties. As of 2021, they are now considered, residential properties.” I guess the next question is “Why do commercial properties pay so much less in property tax?”
I guess the next question is “Why do commercial properties pay so much less in property tax?”