I'm not sure how it is there, but here, where our property values went way up
also, ( not that much tho' ) our property tax is related to the value of the
property. Seems to me that the "only" time you want your house to be worth
alot is when you're selling it.
But, as the population ages, isn't it also lessening in numbers? That should
turn the tides on the supply and demand of property values and leave us with
nothing that we paid a lot for? :)
> From: Rick & Carolyn <wrongwayricky@mac.com>
>
> Hi Guys,
>
> You wouldn't like the housing cost or cost of living out here any ways.
>Frankly, I don't know how my kids are going to afford a house out here. We
>just kind of lucked out and bought at the right time. Although we scrimped
>and saved for quite a while too. Get this, our housing went from 150k to 350k
>in two years. That's great if you already own one but sucks if you don't.
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