fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 1 month agoHermit Crab Housing Marketmander.xyzimagemessage-square57fedilinkarrow-up11.66Karrow-down115
arrow-up11.64Karrow-down1imageHermit Crab Housing Marketmander.xyzfossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 1 month agomessage-square57fedilink
minus-squareDharma Curious (he/him)@slrpnk.netlinkfedilinkEnglisharrow-up6·1 month agoCan you explain for an American?
minus-squarePhlubbaDubba@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·1 month agoStamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
minus-squareI_Miss_Daniel@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down3·1 month agoNot fully as I don’t really understand it. https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty The calculator on that page says I would owe them $17k if I purchase a $500k property.
Can you explain for an American?
Stamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
It’s a tax on buying a house.
Not fully as I don’t really understand it.
https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/transfer-duty
The calculator on that page says I would owe them $17k if I purchase a $500k property.