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Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,419
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This reminds me of a story that was in the local newspaper: in the town next to mine, Rumson, there is no house assessed to less than $500,000 dollars. Some people who bought for cheap in this town 15 or 20 years ago end up with tax bills that they cannot pay anymore, like $30,000 a year for a $1M house. Not a very fair system if you consider that the taxes are based on what someone richer than you should pay if he bought your house...
Aurel
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