Prices of Homes Plumetted, But Not Rents or Property Taxes!

Discussion in 'Current Events' started by LostAmerican, Mar 18, 2011.

  1. LostAmerican
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    LostAmerican BANNED

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    Why is that???????
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    Property tax assessments lag far behind the actual home values....Can't speak to rents, other than my condo won't fetch near as much per month today as it did back in '07.
     
  3. Truthmatters
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    Truthmatters BANNED

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    My property taxes did go down.

    Rent has gone down in some places and risen in others.

    Where the rent has gone up its a reflection of supply and demand.

    More people now need to rent.
     
  4. LostAmerican
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    LostAmerican BANNED

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    My property taxes went up, and rents are up but just try and sell your house. I had 3 brokers promise the moon over the phone, then fall back on the usual "the market is bad" crap as they tell me my house is worth 25% of what it did a few years ago when they are leaving the residence.

    People still have to buy homes and live somewhere. Stop the BS, RE MAX!
     
    Last edited: Mar 18, 2011
  5. Zoom-boing
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    Zoom-boing Gold Member

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    Our property taxes are expected to go up anywhere from 5% - 10% this year. The original figure of $3M that was reported as what our school district is short is actually $10M. Bloody hell.
     
  6. LostAmerican
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    LostAmerican BANNED

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    My cousin's taxes in Myrtle Beach were $600. for the year. He's mad because last year, they had no property tax.:redface:
     

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