SI
SI
discoversearch

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: Jim McMannis who wrote (6678)11/12/2002 3:40:47 AM
From: MSIRead Replies (3) | Respond to of 306849
 
Tax revenues will go right up with property values.

The concern is that it will go up faster than property values. It'll have to if they're to maintain revenue levels, especially if values plateau or decline.

What's worse is getting hit with uncontrollable bond issues and re-appraisals with every minor construction change.