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Reply to "Trader Joe's not welcome in black neighborhood"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Many older AA and Hispanic people who bought there when it was undesirable were priced out of the new market[/quote] How do you get priced out of something you already bought?[/quote] Not pp, but if the property value goes up significantly, then your property taxes go up significantly. It can be a hard financial burden, especially if it happens quickly and you haven't planned for it. [/quote] True, but this is idiotic, as a PP said above. If property taxes raise is because the property itself has increased in value many many many times more, so the person who owns a house is in much better shape. He could sell the house, buy a smaller one, and have enough profit to pay all property taxes for life.[/quote] You are really stupid[/quote]
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