Someone wrote in [personal profile] ecosophia 2024-05-20 04:35 pm (UTC)

Local Taxes

For those of you who were paying attention last time. What happens to local government when real estate prices and the property taxes that support them crash?

I have argued so many times with them because my property taxes keep going up because someone else paid too much for a house. Its not like I improved the property! I showed them all the deferred maintenance and they did at least bring it back from the 30% increase this year. No one in their right mind would pay that for my house and even if they would it isn't like they will loan the money for taxes while I live in it. (Sorry rant over there, at least California got that partly right with all kinds of other consequences)

Anyway the original question is back to lenocrats because it isn't like they would accept less than what they have been getting just cause the money isn't real.

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