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Reply to "The DOGE Downturn - Kensington"
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[quote=Anonymous][quote=Anonymous]In Montgomery County prices may reflect concerns about turning SFH into apartment buildings. [/quote] I think it’s also the county tax. Now that so many more houses are so expensive, you need to make a lot more $$ (vs relying on the trust fund cohort of which prev gravitated to moco vs nova). So if you need to make $500K to buy that $2M Bethesda house, you’re gonna pay $20Kish to the county alone - each year - in county tax. Yeah nova has the car tax but it isn’t $20K/year. [/quote]
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