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Old 02-24-2023, 12:55 PM   #274
Chubby
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Default HUB: The Silent Costs

The lowball real estate development costs are not the real cost of a HUB. The associated payroll, employee benefits, pension/retirement funding, lawsuits, massive liability insurance, maintenance, etc, all of which will compound at 5% per year, are the overwhelming silent costs of this tax trap.

Before you lead us into this trap, think of the long time residents on fixed incomes who don't watch sunsets from the giant decks of their six bedroom waterfront McMansions. The older people must quietly leave, they don't campaign at town meeting.
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