Anonymous wrote:Anonymous wrote:Anonymous wrote:Why is City of Baltimore stealing houses from Black residents?
Baltimore not all places should have the Black voter base to keep the government in check.
https://abcnews.go.com/amp/US/highballed-disproportionate-property-taxes-forcing-americans-homes/story?id=124312846
"Anderson's home was just one of nearly 44,000 Baltimore properties that were listed at municipal tax sales from 2019 through 2023. It was also among the 92% of those properties located in majority-nonwhite neighborhoods -- which account for 70% of parcels citywide."
"ABC's analysis found that across the country, homeowners in predominantly Black and Brown areas tend to pay higher taxes than those in mostly white neighborhoods for a house worth the same amount on the open market."
Why are black politicians stealing houses from black residents?
Good question, OP. What do you think?
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Anonymous wrote:Anonymous wrote:Why is City of Baltimore stealing houses from Black residents?
Baltimore not all places should have the Black voter base to keep the government in check.
https://abcnews.go.com/amp/US/highballed-disproportionate-property-taxes-forcing-americans-homes/story?id=124312846
"Anderson's home was just one of nearly 44,000 Baltimore properties that were listed at municipal tax sales from 2019 through 2023. It was also among the 92% of those properties located in majority-nonwhite neighborhoods -- which account for 70% of parcels citywide."
"ABC's analysis found that across the country, homeowners in predominantly Black and Brown areas tend to pay higher taxes than those in mostly white neighborhoods for a house worth the same amount on the open market."
Why are black politicians stealing houses from black residents?
Good question, OP. What do you think?
Anonymous wrote:Why is City of Baltimore stealing houses from Black residents?
Baltimore not all places should have the Black voter base to keep the government in check.
https://abcnews.go.com/amp/US/highballed-disproportionate-property-taxes-forcing-americans-homes/story?id=124312846
"Anderson's home was just one of nearly 44,000 Baltimore properties that were listed at municipal tax sales from 2019 through 2023. It was also among the 92% of those properties located in majority-nonwhite neighborhoods -- which account for 70% of parcels citywide."
"ABC's analysis found that across the country, homeowners in predominantly Black and Brown areas tend to pay higher taxes than those in mostly white neighborhoods for a house worth the same amount on the open market."
Anonymous wrote:Who the hell would want to live in Baltimore
Anonymous wrote:Tax is the easiest way to push unwanted people out.
Anonymous wrote:Who the hell would want to live in Baltimore
Anonymous wrote:Redlining and other legal means of gentrifying Black homeowners out of their properties has been happening for decades
Anonymous wrote:Anonymous wrote:This article is poorly written. Property tax rates are inversely related to assessed values for homes. When properties are worth less money they township or city needs to have a higher assessed rate to cover its expenses. The taxes are not necessarily "higher than what they should be", it's just that the property tax rate needed to cover community operating expenses is higher when the average assessed value of homes is 250k vs 1M. Eg. The median home value in Baltimore City is 220k, and the property tax rate is 2.24%. In MOCO, the Median property value is 660k and the median property tax district rate is 1.25%.
Curiously, that rarely happens. Governments always find new things to do. Governments always want to expand existing programs. If house prices go down , they want to expand assistance programs. If house prices go up, they want to offer new services.
Governments sole purpose anymore is to simply grow.
Anonymous wrote:Anonymous wrote:This article is poorly written. Property tax rates are inversely related to assessed values for homes. When properties are worth less money they township or city needs to have a higher assessed rate to cover its expenses. The taxes are not necessarily "higher than what they should be", it's just that the property tax rate needed to cover community operating expenses is higher when the average assessed value of homes is 250k vs 1M. Eg. The median home value in Baltimore City is 220k, and the property tax rate is 2.24%. In MOCO, the Median property value is 660k and the median property tax district rate is 1.25%.
Curiously, that rarely happens. Governments always find new things to do. Governments always want to expand existing programs. If house prices go down , they want to expand assistance programs. If house prices go up, they want to offer new services.
Governments sole purpose anymore is to simply grow.
Anonymous wrote:This article is poorly written. Property tax rates are inversely related to assessed values for homes. When properties are worth less money they township or city needs to have a higher assessed rate to cover its expenses. The taxes are not necessarily "higher than what they should be", it's just that the property tax rate needed to cover community operating expenses is higher when the average assessed value of homes is 250k vs 1M. Eg. The median home value in Baltimore City is 220k, and the property tax rate is 2.24%. In MOCO, the Median property value is 660k and the median property tax district rate is 1.25%.