Anonymous wrote:Anonymous wrote:Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
I’m
Sorry, my property value did not go up 30% like the assessment claims. Everyone I’ve talked to got a 30% increase.
Cool, well now you've talked to me. Mine went up 15%.
Anonymous wrote:Anonymous wrote:Anonymous wrote:The tax rate is staying the same, but people are mad because their property values have gone up? There's no place in the country where your property tax is not going to increase when your house increases in value. This is a dumb thread.
The point is that people are house burdened and tax rates should be lowered to help taxpayers afford staying in their homes.
Two potential options:
1. I'm sure you could find someone who will pay the increases in your property taxes in exchange for you giving up all increases in your property value when it's time to sell your house. Heck, I'll take that deal. Is this something you're willing to do?
2. You can get a reverse mortgage to help pay your property taxes.
Finally, please name a single place in this country where your property tax stays the same even as your property value goes up.
Again, this is an exceptionally stupid thread started by someone who hates Maryland because it is people complaining about something that is very, very good for them -- their property value going up. It's a truly enviable position to be in to own a home and have it increase in value, especially the dramatic increases we've seen these past few years. Many people are now priced out of homeownership, and in the face of 20% increases in property value, amounting to HUNDREDS OF THOUSANDS of dollars, people are complaining that their property value has gone up by a couple of thousand. It's hard to imagine a complaint so stupid.
Anonymous wrote:Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
Sorry, my property value did not go up 30% like the assessment claims. Everyone I’ve talked to got a 30% increase.
Anonymous wrote:Anonymous wrote:Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
Sorry, my property value did not go up 30% like the assessment claims. Everyone I’ve talked to got a 30% increase.
30% over the past three years? That actually seems pretty low.
Anonymous wrote:Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
Sorry, my property value did not go up 30% like the assessment claims. Everyone I’ve talked to got a 30% increase.
Anonymous wrote:Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
Sorry, my property value did not go up 30% like the assessment claims. Everyone I’ve talked to got a 30% increase.
Anonymous wrote:Property tax assessments should only be done once every 10-20 years. Who gives a crap what a home is worth on paper. I can't live in fake wealth on paper. Homes are a place to live, they're not the stock market. Constantly increasing taxes on housing creates instability for shelter. Awful. They're just numbers on paper while people need actual places to live.
Anonymous wrote:Anonymous wrote:The county should see the values increasing and lower the tax rate to get the same revenue. But they don’t.
Why should the county do this?
Anonymous wrote:If you don'th like it, you are free to leave the state. Personally, I like it when my property value rises
Anonymous wrote:The county should see the values increasing and lower the tax rate to get the same revenue. But they don’t.
Anonymous wrote:Anonymous wrote:The county should see the values increasing and lower the tax rate to get the same revenue. But they don’t.
Why should the county do this?
Anonymous wrote:The county should see the values increasing and lower the tax rate to get the same revenue. But they don’t.
Anonymous wrote:The county should see the values increasing and lower the tax rate to get the same revenue. But they don’t.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:The tax rate is staying the same, but people are mad because their property values have gone up? There's no place in the country where your property tax is not going to increase when your house increases in value. This is a dumb thread.
The point is that people are house burdened and tax rates should be lowered to help taxpayers afford staying in their homes.
Two potential options:
1. I'm sure you could find someone who will pay the increases in your property taxes in exchange for you giving up all increases in your property value when it's time to sell your house. Heck, I'll take that deal. Is this something you're willing to do?
2. You can get a reverse mortgage to help pay your property taxes.
Finally, please name a single place in this country where your property tax stays the same even as your property value goes up.
Again, this is an exceptionally stupid thread started by someone who hates Maryland because it is people complaining about something that is very, very good for them -- their property value going up. It's a truly enviable position to be in to own a home and have it increase in value, especially the dramatic increases we've seen these past few years. Many people are now priced out of homeownership, and in the face of 20% increases in property value, amounting to HUNDREDS OF THOUSANDS of dollars, people are complaining that their property value has gone up by a couple of thousand. It's hard to imagine a complaint so stupid.
If you live in Montgomery County or PG County, and you live within a town/city in these counties, you are paying both city and county property taxes. It adds up when you are just trying to stay in your home and not profit off selling your house. STFU.
Yes, because you are receiving both city and county services.
In a lot of cases, you’re receiving city services instead of county services, but you’re still paying the county as if you’re only receiving county services because the county has been delinquent in reimbursing municipalities for services they provide. In effect, by living in a municipality, you’re paying twice (the municipality for providing the service and the county just because it can make you pay).
If you don't like paying property taxes to the municipality, you shouldn't buy property in the municipality. Or, if you already own property in the municipality, you should sell it. If you didn't know about the property taxes or the municipality before you bought the property, you didn't do your due diligence.
That’s a ridiculous solution to the county not fulfilling its obligation to reimburse municipalities. Reimbursement is actually the law but sometimes the county just decides to default: https://codelibrary.amlegal.com/codes/montgomerycounty/latest/montgomeryco_md/0-0-0-137859
Fixed link.
When has the county defaulted?
The county was in arrears for about 20 years before they created a new formula in 2022. At one point during the Great Recession the county just stopped reimbursing. The county never did make up the arrears but at least it’s fixed now (until the next time the budget gets tight I guess).
You are vastly oversimplifying and distorting this issue
https://www.montgomerycountymd.gov/olo/resources/files/oloreport2013-6.pdf
It’s pretty simple. The county was double taxing people who live in municipalities, not providing services, and keeping their money anyway. It was theft.