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

To: Think4Yourself who wrote (49678)	3/7/2006 9:51:41 AM
From: John Vosilla	Respond to of 306849

<The city wants to drive up property values to keep out the "riff raff".> That seems to be going on in many places these days. Then once they pump up the values with little workforce housing available then you see headlines about a housing crisis driving out even the middle class.. I think the bottom line is the real economy should drive housing and not vice versa as has been happening in many bubble markets of late..

To: Think4Yourself who wrote (49678)	3/10/2006 9:17:55 AM
From: George8	Read Replies (2) \| Respond to of 306849

Speaking of "sky high property taxes", we have just received the new school budget that will require over 14% increase on already sky high taxes. The district super claims that all the increases are either built in, contractual obligations, or voted in by you voters.. and it is what people want for our communities.... Awakening someday ?... We sincerely dream for CA Prop 13 or FL SOH. It's the only way to cap spiral public spending.... You may ask how high our property taxes are? Well, for the medium homes at $450k (1800 SF 3/2), the taxes are about $12k. And for anything at $650K-800k (2700-3000 SF 4/3), the taxes are $15-20k. And the coming school taxes will be 14% over this. And, anything over 3200 SF, the bill easily goes over $20K. And, this is only Rockland County in New York. It's depressing!