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Greetings Adventurers,
Recently, property taxes were reduced to a range of 0.1% to 1.0% in the February update. The complete changes are listed below.
With lessons learned from lowering housing taxes in December, we want to further reduce housing tax costs and friction for players that own homes. With this update, we have greatly lowered the tax cost itself while also increasing the amount of company revenue earned from housing taxes directly (this change has been done in order to offset the lower incoming taxes so that townships can continue to operate at previous levels). After these changes are made, will will continue to evaluate the state of the economy and perform additional optimizations to the territory tax system where needed. In the meantime, here are the specific changes to be introduced in February:
- Updated housing tax minimum band lowered from 5% to 0.1%.
- Updated housing tax maximum band lowered from 10% to 1%.
- Controlling company receives 5x coin generated from regional housing taxes.
How do you feel about the recent change?
You can find resources on how to leave good feedback in the How to Give High Quality Feedback post.
Thank you for helping make New World the best game it can be!
See you in Aeternum!