No Property Taxes Would be a Huge Influx of Development
Quote:
Originally Posted by biggamefish1
This all started with If you own your home outright, why should you be taxed on your property and it has sprouted out to so many thoughts. Everything else I buy and own isn't taxed, so why should my home be taxed if it is paid in full?
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Exactly!
One positive would be a booming real estate sector. Many would consider Florida as the place to move to or retire in. Further, financial institutions would see those 2.5 % mortgages paid off. Florida would explode with building and development.
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