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I don't really care about rising real estate values within a regional area because everyone's value goes up. Unless you are moving to a smaller house, less desireable neighborhood, or to another part of the country, how does it help you?
Here's how it hurts you.
I bought my current house in 2003 and the property taxes have went from $1,860 a year to over $3,300 a year with no capitol improvements to the property.
So unless you are planning on downsizing, you are probably getting screwed by the boom.
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Randy
'87 911 Targa
'17 Macan GTS
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