Quote:
Originally Posted by nuthin' fancy
I think the true infrastructure failure is in new suburbs.
It is known by the authorities who approve new suburbs that existing infrastructure will need upgrading and new infrastructure will be required.
I don't understand why each new block sold isn't subject to, say, a $5,000 infrastructure contribution. Have it so it is payable at settlement of the block and the managing authority (could be local government or a specific state government department) turn up at settlement and collect the $5,000.
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Heard of Stamp Duty? Usually more than $5k too