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In Greece, Property Is Debt

nytimes.com

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Re: In Greece, Property Is Debt

#301
post #242

Earlier quoted context omitted.

There are tax exempt properties like farm land and of course property owned by non profits. Not sure why countries like india leave property tax on the table.

India does have property tax. https://en.wikipedia.org/wiki/Property_tax#India

It's nominal / negligible from what I hear.

You can't look up appraisal values from county tax office like you can in most counties in usa.

Re: In Greece, Property Is Debt

#302
post #242

Earlier quoted context omitted.

There are tax exempt properties like farm land and of course property owned by non profits. Not sure why countries like india leave property tax on the table.

India does have property tax. https://en.wikipedia.org/wiki/Property_tax#India

You are right that it exists. But collections are about 5x less than oecd countries. http://icepp.gsu.edu/files/2015/03/ispwp1321.pdf
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