explain to me the logic of Baltimore. why have property taxes never been cut?

[Anonymous]

It's so obvious Baltimore's outrageous property taxes are one of the single biggest reasons that strangle the city's improvement. It has been this way for years. I just do not understand how and why the problem of insanely high property taxes have ever been addressed. Baltimore has an excellent location, but nothing can improve until they reduce property taxes by as much as half. It's insane someone owning a $550k home in Baltimore is paying the same or even more than a millionaire home owner in Bethesda in terms of property taxes. Boston had this same problem decades ago and significantly cut their property taxes. The city dramatically improved because people did the financial math and it made sense to buy and live in Boston. I just do not understand why Baltimore doesn't fix such an obvious problem. What gives?

[Anonymous]

Can you give me any sources or any more detail on your Boston example?

From a little bit of searching the tax reductions went into effect less than a month ago, so there is no way we can know how that played out for the city.

[Anonymous]

Anonymous wrote:It's so obvious Baltimore's outrageous property taxes are one of the single biggest reasons that strangle the city's improvement. It has been this way for years. I just do not understand how and why the problem of insanely high property taxes have ever been addressed. Baltimore has an excellent location, but nothing can improve until they reduce property taxes by as much as half. It's insane someone owning a $550k home in Baltimore is paying the same or even more than a millionaire home owner in Bethesda in terms of property taxes. Boston had this same problem decades ago and significantly cut their property taxes. The city dramatically improved because people did the financial math and it made sense to buy and live in Boston. I just do not understand why Baltimore doesn't fix such an obvious problem. What gives?

Go educate yourself on the impact that deindustrialization and depopulation have on local property taxes. It’s not hard.

Also, Boston’s problems never came close to the scale and magnitude of Baltimore’s problems.

[Anonymous]

Supporting a high needs population with few high income earners.