<story><title>In Greece, Property Is Debt</title><url>http://www.nytimes.com/2016/11/02/opinion/in-greece-property-is-debt.html?em_pos=small&amp;emc=edit_dk_20161102&amp;nl=dealbook&amp;nl_art=17&amp;nlid=65508833&amp;ref=headline&amp;te=1&amp;referer=</url></story><parent_chain></parent_chain><comment><author>flexie</author><text>Let&amp;#x27;s get facts straight:&lt;p&gt;The state property tax in Greece is 0% for property up to €200K. Then 0.2 to 1% from €200K to €5M. Then 2% above €2M.&lt;p&gt;Property taxes are hardly killing the Greek economy and especially not for the poor or the middle class. On the contrary, Greeks are paying very little. The problem is that Greeks used to have much more property than for example Northern Europeans.&lt;p&gt;For comparison, in Denmark the property tax is 1% up to €406,961. Then 3% for values above that. In addition to this there is a local tax on land value, which is generally 1.6-3.4%.</text></comment>
<story><title>In Greece, Property Is Debt</title><url>http://www.nytimes.com/2016/11/02/opinion/in-greece-property-is-debt.html?em_pos=small&amp;emc=edit_dk_20161102&amp;nl=dealbook&amp;nl_art=17&amp;nlid=65508833&amp;ref=headline&amp;te=1&amp;referer=</url></story><parent_chain></parent_chain><comment><author>yagodragon</author><text>I live in Greece and things are bad but as a matter of fact, the real problem is that we ,the Millennials, feel that we&amp;#x27;re screwed because we compare ourself with our parents. Our parents and our politicians really scammed the whole europe into believing that we have a strong economy but the truth is that everyone avoided paying taxes, they got huge loans that could never pay of and our politicians where really corrupted ,as well. The result was that our parents made a fair amount of wealth without having the skills and the education of the rest of europeans. They worked hard, but they lived in a bubble. I believe that the biggest problem in Greece is that right now we are in a declining economy and probably wont succeed economically as our parents did. We are going from high to low and we cant see whats following.</text></comment>