In a leafy Raleigh, North Carolina, subdivision, modest split-levels and raised ranches built in the early 1970s are razed to make way for more luxurious homes on the same lots.
The buyers then flip them for a massive profit, driving up assessed values and local tax bills for the entire neighborhood.
We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/article/voters-in-7-states-will-have-their-say-on-property-tax-limits-6101756/?utm_source=partner&utm_campaign=whatfinger
