|
Here's a question - since the last post mentioned $5500/year in taxes:
What happens to the tax base when the 'correction' comes, be it a crash or a jolt. The state/county has been getting this property tax windfall due to exaggerated home values; it's a given that government spending increases to absorb all available revenue (and then some). So when these houses start selling for less, how will they cope?
__________________
"You go to the track with the Porsche you have, not the Porsche you wish you had."
'03 E46 M3
'57 356A
Various VWs
|