The Nature of Complications of Renovation in Municipalities

According to research by economics and finance experts, the toll of modernization (real estate tax) has been identified as the fairest, most stable and yet the highest source of taxation for municipalities. Tolls each year can provide a good source of revenue for municipalities and have an acceptable continuum and not only endanger the health of the urban environment, but also continuously increase the potential of municipalities to increase productivity and productivity. Increasing the supply of public goods and services. One of the disadvantages of modernization is that under current conditions it is the basis for determining the modernization of regional prices that are very different from real estate and land prices. Therefore, the attitude of urban planners and decision makers towards setting the rate of renovation duties should change from regional prices to real estate prices.