Where did you get the info that there is no property tax in Eastern Europe?
Most EE countries do have a property tax, in fact it can be quite sizable if your 50k Soviet era apartment gets appraised for the same tax base price that the luxury 500k condominium next door.
The property tax bill can be a huge problem for retirees who live on Soviet era pensions in old houses next to new developments.
Incidentally this is the problem that Prop. 13 in California set to solve initially.
Most EE countries do have a property tax, in fact it can be quite sizable if your 50k Soviet era apartment gets appraised for the same tax base price that the luxury 500k condominium next door.
The property tax bill can be a huge problem for retirees who live on Soviet era pensions in old houses next to new developments.
Incidentally this is the problem that Prop. 13 in California set to solve initially.