Quote:
Originally Posted by Ark2
Please forgive my ignorance, but subsidized how exactly?
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The cost of supplying and maintain infrastructure to suburban developments is no where near recovered from the developers and home owners.
I’m not sure if it’s been rectified, but there was a time when services would be put in to these neighbourhoods, without having any tax coming in because the developers paid tax on the land value before work, infrastructure and people were moved in. I really hope this has changed, hopefully someone in the biz can school me?