Stupid answer. The value of a house (ie, real estate taxes) is directly related to the neighborhood. If you change the character of a neighborhood, you change those who want to live there. |
When the top 10% pay roughly 2/3rds of all income taxes, you better pay attention, or your taxes will increase. What is happening is that, once the kids are gone, families move for tax reasons, just as their burden on local resources is reduced. County keeps them for the school years, whether the kids go to public or private school. And then loses them. Great business model. |
You don't have the power to cater to anybody's real estate desires anyway. |
This isn't about people's real estate desires, it's about public policy. |
So people oppose rezoning to allow duplexes because they're worried that their property taxes will increase? |
Please, I wish. If Boomers would just sell their homes we might actually be able to buy one. |
Wow. Are you this clueless? We are talking about the Democratic primary which is effectively the general election in MOCO. Register to vote as a democrat in the primary and vote for Blair. Easy peasy. Done deal. |
NP. Not a boomer, gen x here. Hang on two more years and you can buy mine. As soon as the youngest finishes high school, we are OUT of here ! Sick of the taxes, the mismanagement, and the general decay of my home county. |
That's certainly your choice. Unfortunately for me, most people choose to stay, so if you leave you'll get 40 offers on your house. |
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I can’t wait! |
Neither can the county, since they will get more tax revenue. Everybody (some people) wins. |
The County can't afford it. A single real estate sale is irrelevant. The people who are leaving are those who have choices, which tend to be the bigger taxpayers. In my tech circle, there are dozens of people I know who have left the area explicitly for tax reasons. |
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Better not tell anybody about "the general decay" of Montgomery County, or prospective buyers won't pay you what you think your house is worth. |