fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 3 months agoHermit Crab Housing Marketmander.xyzimagemessage-square52fedilinkarrow-up11.62Karrow-down115
arrow-up11.61Karrow-down1imageHermit Crab Housing Marketmander.xyzfossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 3 months agomessage-square52fedilink
minus-squareDharma Curious (he/him)@slrpnk.netlinkfedilinkEnglisharrow-up6·3 months agoCan you explain for an American?
minus-squareÐ Greıt Þu̇mpkin@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·3 months 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-down3·3 months 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?
It’s a tax on buying a house.
Stamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
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.