Inflation is out of control

  • Thread starter Thread starter Harpy Eagle
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The general rule of thumb is that the value of a building lot is about 20% of the value of the lot plus a suitable dwelling built on that lot. Thus, if the lot was worth $40 grand, the house, if consistent with other houses in the area, would be worth about $200 grand.

But often property taxes are heavily weighted to the buildings rather than the land.

If you are rich enough to build a house, you can handle it. If not, you were foolish to build the house. Which is it?
 
LOL....It costs me around $200.00 "rent" to the town/county every month to live in my own bought and paid for home.....Primary residence property taxes is nothing but theft.
 
Haven’t you been paying attention around here? The economy’s been going to crash next week for nearly four years now!
 
The general rule of thumb is that the value of a building lot is about 20% of the value of the lot plus a suitable dwelling built on that lot. Thus, if the lot was worth $40 grand, the house, if consistent with other houses in the area, would be worth about $200 grand.

But often property taxes are heavily weighted to the buildings rather than the land.

If you are rich enough to build a house, you can handle it. If not, you were foolish to build the house. Which is it?

I can handle it no problem, we were warned it would happen. it was nice for a year and half though!
 
LOL....It costs me around $200.00 "rent" to the town/county every month to live in my own bought and paid for home.....Primary residence property taxes is nothing but theft.
It just proves that you do not actually own your home or the land it sits upon. Stop paying the government and they will take it back and rent it to someone else.
 
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