Stop Real Estate Valuation increase in Baguio
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"There is a power move by the City Council to Increase real property valuation which will entail a huge increase! The said move is now in it's second reading.
This means property taxes will increase from 200% to as high as 2000+% depending on the property location. If this pushes through rent will also increase.
Sadly, they have no basis for the excessive increase.
I hope we can all join together to oppose this move."
This will put additional burden to the Residents of Baguio City.
This will have a huge impact on the cost of living. All operational expenses will increase like rent, food, petrol, etc.
We don't need this.
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