Property Tax Fact: Lambeth 35 times cheaper than Brussels

A $1m home in Brussels pays $113,000 tax pa. In Lambeth it pays $3,312.

The housing crisis is not a mystery.

See my post showing Westminster property tax 77 times cheaper than NYC! here

Brussels property tax 11.3% here. Lambeth flat rate £2,514.71 (converted today = $3,312) here.

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