land keepership subsidy problem
2 linked references
looked up a property similar to the beachfront one that I was pondering in early 2022
worth $1.8M, annual property tax ~$5k
9081 Lochside Dr, North Saanich
interestingly, I looked up the unit I was living in in Sidney, and it was valued at $866k
which implies property taxes of ~$3k/yr
so that's like 1/12 of what we paid in rent, since we were paying ~ 3k/mo
not as low as I might have expected!
(I should have guessed before looking, but I probably would have guessed more like $800-$2k)
the property value also went up by $50k from 2022, probably a similar increase the previous year too
in any case, this is still quite far from something resembling