Your Property Taxes Are Going Up, A Lot
Moderator: Jim O'Bryan
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Bill Call
- Posts: 3319
- Joined: Mon Jun 06, 2005 1:10 pm
Your Property Taxes Are Going Up, A Lot
Think about 30% or so. At what point do property taxes become so high that the tax is really confiscation?
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Bridget Conant
- Posts: 2896
- Joined: Wed Jul 26, 2006 4:22 pm
Re: Your Property Taxes Are Going Up, A Lot
What’s really important to think about is the effect higher taxes will have on property values.
It will drive down offer prices. People look at their payment, principle, interest, taxes. As taxes increase,, the amount they are willing to pay decreases
It will drive down offer prices. People look at their payment, principle, interest, taxes. As taxes increase,, the amount they are willing to pay decreases