If house prices go up, so too does the amount they take in tax.
And that doesn't just mean from the sale of a home remember. That's tax on the workers income who built it, tax in the materials used. Tax on the land bought, tax on the utilities hooked up, tax ok the company building, tax on the state if it doesn't meet certain criteria or purpose.
As a double dip, if the housing is being built by the city/state as social housing, that means the government can pay itself its own set inflated rate, tax it and magic up money. Well. I say magic, really it translates to inflation going up 1% every year, wage depression and a tax hike to "pay for all these wonderful things".
If house prices go up, so too does the amount they take in tax.
And that doesn't just mean from the sale of a home remember. That's tax on the workers income who built it, tax in the materials used. Tax on the land bought, tax on the utilities hooked up, tax ok the company building, tax on the state if it doesn't meet certain criteria or purpose.
As a double dip, if the housing is being built by the city/state as social housing, that means the government can pay itself its own set inflated rate, tax it and magic up money. Well. I say magic, really it translates to inflation going up 1% every year, wage depression and a tax hike to "pay for all these wonderful things".