Scotty asserts:
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Thus, 50 renters in an apartment building split the costs of the
property tax, which is based on the acreage of land, not the income
from rents, and so they are, essentially, free riders on the system.
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Perhaps that's how property tax is calculated in CO. In BC, your
millrate is a function of your property's assessed MARKET VALUE.
(Acreage is thus irrelevant)

So, for a multi-unit apartment building, the market value will
presumably be quite high, and thus the tenants do carry a tax burden.

frtzw906
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