Largest land owner in Florida I believe was the LDS. Near 690,000 acres and because they are a church, no taxes. The standard suburban home in Florida used to sit on a 1/4 acre lot. The median property tax is $2,338 a year. That would mean the LDS would be paying ~6.4 billion dollars a year in taxes if that were owned by the common family. Just making them pay taxes would make them sell off a bunch to get some of the costs back. Imagine half of that going up for space to build houses at low prices because they all the sudden fed the area for 2.7 million houses into the market.
Oops, house prices may fall, and a bunch of money just got fed into the government to build infrastructure for it.
Soon enough the boomers and other old people will stop funding the churches since they will be dead and one by one the churches will all shut down.
The people will rejoice across the land.
Sorry but boomers didn’t invent stupidity and it won’t end with them
I’m very aware, but it’s only accelerating as time goes forward.
It’s exciting times I tell ya
Society is just a pendulum. Just because you see it moving in one direction doesn’t mean your kids or grandkids won’t just move it back.
Good thing I don’t have children. /s
Cute but their families are also funding.
Also Mormons. Anyone in the religion is giving a percentage.
Largest land owner in Florida I believe was the LDS. Near 690,000 acres and because they are a church, no taxes. The standard suburban home in Florida used to sit on a 1/4 acre lot. The median property tax is $2,338 a year. That would mean the LDS would be paying ~6.4 billion dollars a year in taxes if that were owned by the common family. Just making them pay taxes would make them sell off a bunch to get some of the costs back. Imagine half of that going up for space to build houses at low prices because they all the sudden fed the area for 2.7 million houses into the market.
Oops, house prices may fall, and a bunch of money just got fed into the government to build infrastructure for it.