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To: benwood who wrote (93904)2/6/2009 6:50:16 PM
From: Bill/WA  Read Replies (1) | Respond to of 116555
 
ben,
**but what ended that little pipe dream was the $7400/year real estate taxes.**

Years ago (approx. 6yrs) I did repairs on a house a little north of Gig Harbor, not on the water but with a view across the bay of Seattle. Their taxes were raised because they had a VIEW of the city!



To: benwood who wrote (93904)2/6/2009 7:18:47 PM
From: ajtj99  Read Replies (2) | Respond to of 116555
 
Those taxes seem cheap for a home of that value.



To: benwood who wrote (93904)2/7/2009 12:35:44 PM
From: Steve Lokness  Read Replies (2) | Respond to of 116555
 
In another 6-8 years, that will be up to $1k/month, and likely rising faster than inflation.

But maybe not? If house prices continue to fall, taxes will have to follow - maybe not as fast, but won't they have to come down. Seattle is lagging behind much of the US, maybe they catch up and drop accordingly?

steve