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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: JBTFD who wrote (27824)3/5/2005 3:24:46 PM
From: GraceZRead Replies (1) of 306849
 
I'm always amazed at the huge variation between different taxing districts in terms of RE tax rates. Here they seem like a minor nuisance that rises with inflation but I've known people who started out paying more in yearly taxes than I've paid in a year for mortgage payments for a similar house. They bought houses in districts which penalize new housing.
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