Wednesday, May 24, 2023

Rather Funny (By German Standards)

 For non-Germans, a couple of years ago.....some German sued the gov't and said that the property tax formula (differing from old East Germany and West Germany) was 'wrong'.  The court sat there....for about a year, and eventually agreed....then told the Bundestag that it had to invent a new 'fair' property tax.

Well....they invented it, and handed it to the sixteen states work around.

It was a fairly complicated database that required you to 'fill', and probably a quarter of the nation failed to input the data on time.

But in recent weeks, it's now brought up about this EU mandate about renovating your home, and the heat-pump situation that the Green Party is pushing....has actually decreased the values of homes.  

If you wanted to sell your property presently....whatever value it held a year ago....is diminished (no one is citing a number but I would imagine you probably lost 10-percent of value).

Setting public attention on this property tax business?  Yeah.  

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