kaizerdouken

kaizerdouken t1_j7563ib wrote

Reply to [OC] Three Latin American countries are among the 5 most unequal on Earth. More so than so-called Gulf states and even Russia with its oligarchs. by latinometrics

in Dominican Republic you can have a home worker who will do your laundry every week and cook on weekdays, you come home at 12pm and lunch is served every day. You don’t even have to be rich, just have your office of something. $200-300 a month gets you that.

Why should I care about inequality if I lived there? Having affordable food cooked from scratched, having the house cleaned every day and having laundry done every week. I’m not letting go of that.

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kaizerdouken t1_j1t9qxm wrote

Reply to comment by tails99 in [OC] State by State Housing Price Growth since 1975 by fred_fotch

Okay. Maybe I don’t understand what you’re saying. Excuse my ignorance. Let’s say I buy a multi family building. I raise its value and intend to sell it after 2 years. Are you saying this property should not raise its price? Rendering me a loss or no gain by the time I want to sell and make a good gain on it?

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kaizerdouken t1_j1q12tb wrote

Reply to comment by fred_fotch in [OC] State by State Housing Price Growth since 1975 by fred_fotch

Would be interesting to see change in property taxes between 1975 and today. Blue places tend to pay higher property taxes due to them wanting to give more to others in their communities while red places would rather pay nothing and ask to be left alone in peace, therefore generally pay less in property taxes. Property taxes affect prices as new owners need to adjust prices to compensate higher property taxes.

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