Your Property Taxes Are Going Up, A Lot
Posted: Sun Apr 22, 2018 10:04 am
Think about 30% or so. At what point do property taxes become so high that the tax is really confiscation?
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