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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (12728)8/20/2003 6:36:34 PM
From: fattyRead Replies (1) of 306849
 
You make more money, you pay more taxes. That seems to be a universally accepted way of life, although people may disagree how much more should they pay.

Now that you mention your example house was in cape cod, then I can tell you that the highest property tax rate in massachusetts is only $22.36, not the $28 as you said.

If that old couple can't afford to live in Cape Cod, why not sell it and move elsewhere? There are plenty of retirement housings in the bay state. Are you telling me that they will be happier if their house is worth $100k so that they can afford to stay?

Do you know how many young couples in the bay state making $120k a year and still living in a 800 sq ft condo in Quincy?

Speaking of 'out of control government spending', I definitely think the medicare system should be trashed and the social social should be severely reduced! Better yet, the right to vote should end when you retire!
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