Reply to Gentrification shaming makes no sense to me.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To add to 17:48's excellent analysis re property taxes---
In addition to the homeowner rate, there are also additional tax breaks given to senior citizens. [/quote]

+1.  Most senior citizens and disabled people who own at least half the home get a 50% break.  It needs to be applied for.  There is a high-ish (>100K) income cap for this benefit.  There is also the Schedule H tax credit for low income owners and renters.  Also needs to be something you file to claim.  People can claim these things on $1 million homes.  Low income seniors don't really need to begin to pay property tax until their assessed value is >$400K, and one of the lowest rates in the country above that.  I used to help people apply for these things, often filing refund claims for as many open years back as possible for people.  I think the problem is many people don't know they exist or don't bother to apply.[/quote]

Even if they don’t apply, taxes are low and increases are capped.  It’s not because of taxes for majority of people leaving.

The black people selling their homes are cashing out and going to a nice area in PG county and buying a nice large SFH with a yard for the 500k plus they are getting.  Friend of a friend moved down to nice retirement community in Fl.
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[b]I’ve been in NE for 12 years.[/b]  When I moved in, my long term neighbors said that the house next door is vacant.  Elderly black couple who passed away and home went to the kids.  None of the siblings wanted the home except for 1 son so he bought them all out.  Really nice guy, lives in a nice part of Md. He says he wants to fix it up and rent it.  Well, here we are 12 years later, house sitting there vacant, not renovated.

Here is what happened with another 4-5 homes on my block. Elderly people who all passed away.  Their kids who live in the burbs or somewhere else inherited the home.  They did not want to keep their childhood home but instead sell it and take the money ASAP.  They all sold to developers who could close fast like 2 weeks with all cash - a sure thing.  The developers renovated the homes and then flipped it.

Not one home on my block was a black family that could not afford the taxes.  The elderly old timers are passing away and their kids want the money, not the homes or to live in them.

As to drugs and gangs.  My elderly black neighbors in their 70’s who have been here for more than 40 years says the neighborhood is much better and safer now.  They don’t resent newer people moving in, and everybody watches out for everybody else.  They are great neighbors. They said back in the day, lots of drugs, shootings, and crime everywhere and nobody did anything about it.  Yes they did call the police too but they did not do much. It was out of control.
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12 whole years!!!
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