Jump to content

Recommended Posts

One thing I found recently was that annual property taxes in the US can be 2-6% p.a. (!) based on market value.

 

That means that people (e.g. retirees) can get priced out of their homes if market values move up sharply.

 

Estate agent fees (Realtors) used to charge a standard 6% (!) and that has recently gone free market.

 

It makes our council taxes (mine is ~0.5%) and our estate agent fees of ~1% seem seem puny by comparison.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...