If you purchase, it depends on the value of your property. My friend's home is very expensive even by US standards. The Luxury Tax requires him to pay more taxes than he paid on an equivalent house in California which is supposed to be heavily taxed state.
The big difference is that in California he had good roads, fire and police protection, parks, libraries, waters, sewer, flood control and other services. Here, who knows where the money goes. I know where they says it is supposed to go but the reality may be totally different than the stated expectation.
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