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.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (127200)7/24/2005 11:28:03 AM
From: Thomas A Watson  Read Replies (2) | Respond to of 793742
 
Speaking of libraries, from the University of Southern Connecticut library via the local Monroe Library I got a copy of "Islands in the Click Stream" by Richard Thieme. It's a series of quite interesting essays on technology transforming society transforming technology.

print.google.com



To: JohnM who wrote (127200)7/24/2005 12:09:47 PM
From: Ilaine  Read Replies (1) | Respond to of 793742
 
Actually, real estate taxes don't necessarily go up as a result of the bubble. Just the evaluations of property changes but the amount doesn't necessarily follow. (The multiplier or divisor, take your pick, I forget the technical term, is adjusted accordingly.)

Property is taxed as a percentage of the assessed value (which is supposed to be fair market value). The percentage is called "millage rate." The millage rate can be adjusted by the local authorities but doesn't adjust itself.

There is a freeze on property tax increases for senior citizens in New Jersey, maybe that's what you're thinking of, but it's only for middle income and below, and you need to fill out a form to get it.