|Rising Sales Prices - Rising Property Taxes for Everyone Else||<– Date –> <– Thread –>|
|From: Ronald Frederick Greek (fred.greekyahoo.com)|
|Date: Mon, 14 May 2007 15:03:24 -0700 (PDT)|
Racheli, et all: If we live in "desirable" homes, or identical homes in a "better" neighborhood, the asking price is higher. The price between a willing seller and buyer is none of our "concern"? EXCEPT: If the seller GETS such a higher price, expect that the County is going to evaluate surrounding properties higher, and raise your annual property taxes. Over the course of years, as homes swap hands, and prices tend ever higher, even if you are a long-term resident, with a relatively low 30 year mortgage, you're going to find you property taxes going up, and you insurance as well, to cover the increased "value" of your home. Real property taxes are one of the driving forces in sprawl, vs infill and upgrade. I'd love to see an Arizona initiative on the ballot to eliminate real property tax. Real property tax hits worst those on a fixed income. For Tucson (Pima County) Arizona, this years tax lien sale had quite a few homes where the home had been owned for a long time, and the property taxes had grown to exceed what had been the mortgage. Ronald Frederick Greek Moderator (Electronic Janitor) Sustainable Tucson "Stabilization of human numbers is no solution... To speak of an actual reduction of human population - exactly what is needed if the world is to avoid unprecedented human dieoff through famine, pestilence, and war - is unthinkable and unspeakable, at least in polite company. Not just Catholics and conservatives, but liberals as awll become positively apoplectic if the subject is broached. And so the discussion necessary to understanding our econlogical dilemma, and dealing effectively with it, never occurs." - Richard Heinberg, Power Down --------------------------------- Don't get soaked. Take a quick peak at the forecast with theYahoo! Search weather shortcut.
- (no other messages in thread)
Results generated by Tiger Technologies Web hosting using MHonArc.