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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pay very close attention to the property taxes. Sometimes, the cheaper the house, the higher the property taxes, because the area is relatively economically depressed. The city or town has to raise residential property taxes because it doesn’t have enough of a corporate base to tax from. This leads to decreased demand & cheaper houses in that municipality because high property taxes scare off most buyers. Baltimore (City) is a good example of this.

This is not always the case, of course. There are many very wealthy towns in states like TX, IL, NJ, CT, NY and PA that have very high property taxes; high-performing, well-funded schools; and are in close proximity to high paying jobs.

There is a myth that you universally “get what you pay for” just because a municipality has high property taxes. This is not the case. Many municipalities have high property taxes because of pension liabilities to retired local govt workers, for pensions that arguably should never have existed in the first place.

Pay attention to property taxes, school district taxes, wage taxes, car taxes, income taxes and sales taxes. 
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+1 Mt. Rainier, MD has very high property taxes[/quote]

Not anymore. Mt Rainier has been lowering taxes every year for the past several years now.[/quote]

Wow, there's a liberal town in the DMV that is actually lowering taxes? [/quote]

Yes, a gentrifying one[/quote]

Even better![/quote]

My Rainier still has very high property taxes. And the small reductions to homeowners in recent years was indirectly shifted to renters by raising taxes on apartment burdens.[/quote]

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