Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (1277)	12/31/2001 11:24:06 AM
From: GraceZ	Read Replies (1) \| Respond to of 306849

I actually had a property that I sold four years ago that was in an area where prices had either stagnated or gone down over the previous 7-8 years. The local government still tried to push through higher assessments (you know real estate ALWAYS goes up, right?) and there was a taxpayer revolt of sorts. The neighborhood had a pretty put together association and they went to bat against the city. Lo and behold all of our assessments were lowered in the next few years. I almost fell off my chair when I opened that piece of mail.