Plunging Home Values, Rising Property Taxes
It isn’t just your imagination. Property taxes really are going up, even as decreasing home values are wrecking the economy. It might have just seemed like a fluke, or that it was only happening in certain areas (like here). And there’s the conventional wisdom that it takes a year or two for property taxes to catch up with home values; so in two years our current housing slump will be reflected in lower property taxes.
Apparently not. Across the country, property taxes are going up. Meanwhile, foreclosures are increasing.
Doesn’t seem fair, but — what to do?
Apparently not. Across the country, property taxes are going up. Meanwhile, foreclosures are increasing.
Doesn’t seem fair, but — what to do?
posted by Tom Harper at 5:55 PM
8 Comments:
Well, I'm in this unique situation where that doesn't have much effect on me.
My property is free and clear and while it is pretty much a piece of crap the taxes isn't that much.
Just a few hundred a year and I'm willing to pay that to help support the system.
Little known fact to some it seems, but if you make less than 35 grand a year here you can go to the courthouse and apply for reduced or no property taxes.
Helen, the old lady next door that I look after only pays about $2.50 a year, for weed control. I qualify for that but I'm willing to pay my part as long as it isn't too much.
Our places are just two blocks off of the main drag and zoned commercial, when we die they will tear these places down and haul them to the landfill and build pretty things.
But for now we are just thankful for what we have, warm and dry places to live in, it's so much more than many have.
And I don't expect any woman to be impressed with the 12 X 15 foot room I live in after I gutted out the center part of this building and redid it with new wiring, insulation and such.
I guess I should paint the walls but there is no woman here with a honey do list and my mind doesn't spend any time looking at walls, I'm a lot like Einstein in that respect.
I have another section here to redo but why bother when I don't have a mate?
Any woman I might get hooked up with in the future is likely to be a poor woman that isn't an empire builder and is happy for what she has, and is thankful for having it.
I've owned my own property's pretty much since I was in my middle 20's.
What is it with those that fuss about what their place is worth to others?
You buy a place, you live in it, you die in it, done deal. I always admired my uncle John for doing just that, it's the only address I've ever remembered through my life.
1175 Loraine Dr (sp). Salt Lake City, Utah.
After my wife died I lived with a pretty good woman for twelve years but she wanted me to move her every few years.
I got so tired of that, I have a lot of tools and equipment and I hate moving anyway.
I had a good business in Utah and I sold out to move her to Montana cuz she said she would be happy there, she wasn't and wanted to move after a few years.
Fuck that, I moved here alone and I hope that I never have to move again. I fucking hate moving.
That metal lathe in my so called shop isn't likely to be moved again until I die.
Doesn’t seem fair, but — what to do?
Well do like the big shits do I suppose, work the loopholes.
BBC: In some ways I do consider you lucky. You are happy with what you have, which most people are not.
Myself, I'm debt-free and it's worth not having every single thing in the shops to be able to sleep at night knowing I don't owe anybody anything.
The property taxes do scare me, though. 'Cuz they do keep going up, and you can lose your property if you can't pay. The powers that be need to remember that there's only so much blood in the turnip.
That's a funni story Billy! I talked to a guy the other day that said that the current financial situation is far worse than a divorce...he's lost half his fortune...but still has the wife!!
Wednesday morning...
Christmas just drives me nuts anymore, this monkey is going camping for four days, you monkeys are in charge of this zoo while I'm gone.
I don’t do churches because they offend my soul and I don’t believe in their idiot god. But if you go to church on christmas day, or next Sunday for that matter, there’s something I’m curious about, maybe you can ask the whole congregation if they know how old Jesus was when he first whacked off.
Have a safe and peaceful christmas, stay warm, get laid, be peaceful. And be careful around the other monkeys out there, it's a bat shit crazy world on this galactic insane asylum. Hugs.
What to do?
Get onboard with this good lady who is trying to make our property taxes predictable!!:
http://www.predictabletax.com/
That comment about Jesus just ain't right, Billy.
I just hope you don't pay dearly for that.
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