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TopicHouse just pass new tax bill.
FLUFFYGERM
11/16/17 2:43:52 PM
#40:


Darkman124 posted...
FLUFFYGERM posted...

Where I live it's because people don't want to pay $8,000+ a year in property taxes for a $250,000 home


normally this results in home values coming down

what's bizarre is they are not.


I follow Zillow and have family that works in the real estate business. Home values are going up in some places but I'm seeing the areas with higher property taxes move houses more slowly and have price reductions more quickly.

It might be another bubble / impending recession in the making.
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