Quote:
Originally Posted by Old Tele man
...I believe the original question was taxe$ vs. benefit$, with benefits seeming to favor the "family" home more than the single home-owner.
...Wonder which is the bigger number? The 30 years of property taxe$ or 30 years of declining tax break$ (which might not be around any longer)?
...I'm guessing: the property taxes, not as big in the beginning, but always there and almost always going UP, not down, in numbers.
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I'm sure the property taxes is the bigger number by the end of 30 years.
One interesting thing though... this last year my assessed value actually dropped (previous two years it still went up, even though market value was going down) and my property taxes went down just a little!
Not enough to matter though, and they keep trying to pass things to increase property taxes, so I'm sure it will go back up soon.