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Old 09-13-2017, 01:38 PM
 
Location: Hartford County, CT
845 posts, read 617,239 times
Reputation: 461

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Quote:
Originally Posted by Raider111 View Post
1/2 of that - yes - no
still getting hosed though
That's nuts. I always knew FFC was in a world of it's own, but that's truly staggering. You are indeed getting hoses big time.
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Old 09-13-2017, 01:57 PM
 
5,803 posts, read 4,003,231 times
Reputation: 6905
Quote:
Originally Posted by JayCT View Post
What? Where is a $233,000 house that has an $8,000 tax bill? We went through this before and even high tax West Hartford does not have taxes that high. They are more like around $5,000. And comparable towns around Boston had just as high tax bills. Enough with the misinformation already. Jay
Pretty damn close and easy to find the info:

https://www.zillow.com/homes/for_sal...ct/13_zm/1_rs/


West Hartford is less but half the yard
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/

Wethersfield
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/


I was going to add Glastonbury but Zillow is missing many 2016 Glastonbury taxes
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Old 09-13-2017, 03:17 PM
 
Location: Florida and the Rockies
1,818 posts, read 1,975,046 times
Reputation: 2932
Default Hartford mill rate versus appraisal

Just to remind everyone, the city of Hartford uses a different appraised value multiplier than every other town in the state. So appraised value in Hartford is something like 33% of fair market value, whereas in Avon or Glastonbury, it is 70%. The mill rate in Hartford must be reduced accordingly to compare rates on an apples-to-apples basis.

TL;DR -- Hartford's effective residential tax rate is lower than West Hartford and some other "expensive" suburbs.
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Old 09-13-2017, 06:15 PM
 
Location: Connecticut
33,021 posts, read 52,276,243 times
Reputation: 10529
Quote:
Originally Posted by WouldLoveTo View Post
Pretty damn close and easy to find the info:

https://www.zillow.com/homes/for_sal...ct/13_zm/1_rs/


West Hartford is less but half the yard
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/

Wethersfield
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/


I was going to add Glastonbury but Zillow is missing many 2016 Glastonbury taxes
That example in East Hartford seems high. Not sure why but I found these at the same price with much lower taxes. I would still say $8,000 for a $233,000 is definitely not the common. Jay

https://www.zillow.com/homedetails/4...59281937_zpid/

https://www.zillow.com/homedetails/5...59278709_zpid/

https://www.zillow.com/homedetails/1...59287133_zpid/

https://www.zillow.com/homedetails/1...59286673_zpid/
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Old 09-13-2017, 06:28 PM
 
Location: Connecticut
33,021 posts, read 52,276,243 times
Reputation: 10529
Quote:
Originally Posted by westender View Post
Just to remind everyone, the city of Hartford uses a different appraised value multiplier than every other town in the state. So appraised value in Hartford is something like 33% of fair market value, whereas in Avon or Glastonbury, it is 70%. The mill rate in Hartford must be reduced accordingly to compare rates on an apples-to-apples basis.

TL;DR -- Hartford's effective residential tax rate is lower than West Hartford and some other "expensive" suburbs.
You make a good point. Even in Hartford taxes on houses are not $8,000 for a $233,000 house. Jay

https://www.zillow.com/homedetails/2...57731109_zpid/

https://www.zillow.com/homedetails/1...57731674_zpid/

https://www.zillow.com/homedetails/2...57734957_zpid/
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Old 09-13-2017, 06:38 PM
 
31,266 posts, read 14,144,063 times
Reputation: 15600
Quote:
Originally Posted by htfdcolt View Post
All well and good...surveys abound by the dozen. Fact is that companies are voting with their footprint, and Boston is emerging as a magnet.
Bingo.

AETNA hq leaving

GE hq leaving

Alexion hq leaving

The time for cheerleading the fate of Ct is long over.
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Old 09-13-2017, 06:57 PM
 
1,964 posts, read 1,273,509 times
Reputation: 811
Quote:
Originally Posted by WouldLoveTo View Post
Pretty damn close and easy to find the info:

https://www.zillow.com/homes/for_sal...ct/13_zm/1_rs/


West Hartford is less but half the yard
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/

Wethersfield
https://www.zillow.com/homes/for_sal...ct/12_zm/1_rs/


I was going to add Glastonbury but Zillow is missing many 2016 Glastonbury taxes
Those are awful. We need property tax reform in this state I have been looking at local records lately and the appraiser value on houses that have sold for similar amounts can be bonkers.

My house is worth around 200k based on recent sales but I'm appraised at around 90k. Which comes out around $3,500.
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Old 09-13-2017, 09:18 PM
 
Location: CT
2,122 posts, read 2,267,090 times
Reputation: 1674
Quote:
Originally Posted by Stylo View Post
Interesting article on the biotech industry in CT:

https://ctmirror.org/2017/09/13/cts-...mbles-forward/
Wow well done. This reporter like, actually investigated things...feels weird reading real non-biased journalism, very rare....


Love the idiot the guy found who thinks, and I quote, "new haven is at critical mass" lol. Based on his job title, I think many of the CT failures squarely rest on his desk so not all that surprised...

Anyway, that article might sound awfully familiar as I have been making many of the same points that "leaders" in this article speak to on here for YEARS. I am not CT native, don't especially like CT much at all, and have been employed and employ in the biotech industry here, so it's been very easy for me to see the honest picture without warm fuzzy goggles.

CT should have put EVERYTHING it had into new haven. NH would be Yale, Yale hospital, Alexion, JAX, next Gen Connecticut, relo BMS like they did with Alexion...still not "a lot" but that's enough branding and consolidation to make area attractive enough to lure in more smaller companies from less developed regions who can't afford to attract top talent. Filter feeding off disgruntled and already relocated employees that another company trained, relocated and groomed starts sounding like a sweet deal. Those B- and C- list companies are FREE, relocating on their own due to geoeconomic advantages. Those B and C list companies now start filling up the empty space--weak are collectively strong sort of thing. Now the gravitational mass is strong enough to attract sexier B list and even some A list companies, with less costly packages because there is already desire. Maybe BioReference Laboratories decides staying near NY doesn't mean they have to be in NJ. Maybe some big pharma companies open satellite locations or US HQs in new haven now. It becomes a self-sustainable, self-perpetuating creature of its own. Now CT is only paying for their relo costs like a cellular provider paying off contract fees to convert.

But that's not how it went down. CT in its infinite stupidity decided not to follow the award winning recipe, but instead spread biotech all over the crappy state including rural frat-puke covered Storrs CT. Fail. Raised instead of lowered taxes. Fail. Lost its top companies fail. Lost hordes of stem graduates. Fail. Now we have to pay companies the way you would pay a street walker--enough to do something you realllly don't want to do. Fail. New haven instead of being gentrified is the same embarrassing bowl of disgust it was. Fail. Alexion leaving too. Fail. We are left holding our junk in hand, being robbed by our state government and have absolutely nothing to show for it.

CT will leave its mark on biotech, unfortunately that mark will be a case study how exactly what "not to do" in an MBA course instead of bibliographic references to discoveries in biomedical textbooks. Oops.
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Old 09-13-2017, 09:29 PM
 
5,803 posts, read 4,003,231 times
Reputation: 6905
Quote:
Originally Posted by JayCT View Post
That example in East Hartford seems high. Not sure why but I found these at the same price with much lower taxes. I would still say $8,000 for a $233,000 is definitely not the common. Jay

https://www.zillow.com/homedetails/4...59281937_zpid/

https://www.zillow.com/homedetails/5...59278709_zpid/

https://www.zillow.com/homedetails/1...59287133_zpid/

https://www.zillow.com/homedetails/1...59286673_zpid/
Oh sure, you can find them lower. I picked the higher ones to show they exist. But extremes exist in all towns.

My direct neighbor pays $1200 more/year for their house and the biggest difference is I have 1.5 baths and they have 2.5. Same age, same size, same lot.

Sunset Ridge is a "desirable" area so maybe that's why.
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Old 09-13-2017, 09:40 PM
 
31,266 posts, read 14,144,063 times
Reputation: 15600
Quote:
Originally Posted by Sigequinox View Post
Wow well done. This reporter like, actually investigated things...feels weird reading real non-biased journalism, very rare....


Love the idiot the guy found who thinks, and I quote, "new haven is at critical mass" lol. Based on his job title, I think many of the CT failures squarely rest on his desk so not all that surprised...

Anyway, that article might sound awfully familiar as I have been making many of the same points that "leaders" in this article speak to on here for YEARS. I am not CT native, don't especially like CT much at all, and have been employed and employ in the biotech industry here, so it's been very easy for me to see the honest picture without warm fuzzy goggles.

CT should have put EVERYTHING it had into new haven. NH would be Yale, Yale hospital, Alexion, JAX, next Gen Connecticut, relo BMS like they did with Alexion...still not "a lot" but that's enough branding and consolidation to make area attractive enough to lure in more smaller companies from less developed regions who can't afford to attract top talent. Filter feeding off disgruntled and already relocated employees that another company trained, relocated and groomed starts sounding like a sweet deal. Those B- and C- list companies are FREE, relocating on their own due to geoeconomic advantages. Those B and C list companies now start filling up the empty space--weak are collectively strong sort of thing. Now the gravitational mass is strong enough to attract sexier B list and even some A list companies, with less costly packages because there is already desire. Maybe BioReference Laboratories decides staying near NY doesn't mean they have to be in NJ. Maybe some big pharma companies open satellite locations or US HQs in new haven now. It becomes a self-sustainable, self-perpetuating creature of its own. Now CT is only paying for their relo costs like a cellular provider paying off contract fees to convert.

But that's not how it went down. CT in its infinite stupidity decided not to follow the award winning recipe, but instead spread biotech all over the crappy state including rural frat-puke covered Storrs CT. Fail. Raised instead of lowered taxes. Fail. Lost its top companies fail. Lost hordes of stem graduates. Fail. Now we have to pay companies the way you would pay a street walker--enough to do something you realllly don't want to do. Fail. New haven instead of being gentrified is the same embarrassing bowl of disgust it was. Fail. Alexion leaving too. Fail. We are left holding our junk in hand, being robbed by our state government and have absolutely nothing to show for it.

CT will leave its mark on biotech, unfortunately that mark will be a case study how exactly what "not to do" in an MBA course instead of bibliographic references to discoveries in biomedical textbooks. Oops.
Excellent summary. Sadly accurate.
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