@fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish • 1 month agoHermit Crab Housing Marketmander.xyzimagemessage-square53fedilinkarrow-up11.62Karrow-down115
arrow-up11.61Karrow-down1imageHermit Crab Housing Marketmander.xyz@fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish • 1 month agomessage-square53fedilink
minus-square@I_Miss_Daniel@lemmy.worldlinkfedilinkEnglish10•1 month agoIn Australia we lose about six months wages to ‘stamp duty’ if we move. Better to stick with the oversized shell.
minus-square@PhlubbaDubba@lemm.eelinkfedilinkEnglish1•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-square@I_Miss_Daniel@lemmy.worldlinkfedilinkEnglish-1•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.
In Australia we lose about six months wages to ‘stamp duty’ if we move. Better to stick with the oversized shell.
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.
wat