fossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 1 year agoHermit Crab Housing Marketmander.xyzimagemessage-square57fedilinkarrow-up11.69Karrow-down116
arrow-up11.68Karrow-down1imageHermit Crab Housing Marketmander.xyzfossilesque@mander.xyzM to Science Memes@mander.xyzEnglish · 1 year agomessage-square57fedilink
minus-squareI_Miss_Daniel@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down1·1 year agoIn Australia we lose about six months wages to ‘stamp duty’ if we move. Better to stick with the oversized shell.
minus-squareDharma Curious (he/him)@slrpnk.netlinkfedilinkEnglisharrow-up6·1 year agoCan you explain for an American?
minus-squareÐ Greıt Þu̇mpkin@lemm.eelinkfedilinkEnglisharrow-up2arrow-down1·1 year 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-down3·1 year 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?
Stamp duty makes it sound like it’s what happened to them because they didn’t kick the brits out over the stamp act.
It’s a tax on buying a house.
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