|
02-03-2008, 12:38 AM
|
|
I help make great deals
|
|
Join Date: Jun 2006
Location: South Metro Denver
4,535 posts, read 4,607,810 times
Reputation: 1350
|
|
Forbes lists Douglas County 5th Richest
Consider Douglas County, Colo., just outside Denver and No. 5 on our list of richest counties. It offers below-market interest rates as well as interest-free, five-year, payment-deferred loans of $20,000 to teachers, firemen, and policemen. The county also incentivizes builders to offer those buyers $5,000 discounts on home prices, or to waive closing costs.
Sounds fair, and it might even have a silver lining in this market.
"The home sales market isn't what it was," says Wendy Holmes, a Douglas County spokeswoman, on the housing downturn. "But these incentives are helping to move homes, especially for workers that service everybody."
read the whole story: America's Richest Counties - Forbes.com |
|
02-03-2008, 08:41 AM
|
|
Senior Member
|
|
Join Date: Jul 2006
Location: Hampton Cove, Huntsville, AL
11,880 posts, read 11,130,603 times
Reputation: 3056
|
|
Quote:
Originally Posted by 2bindenver
It offers below-market interest rates as well as interest-free, five-year, payment-deferred loans of $20,000 to teachers, firemen, and policemen. The county also incentivizes builders to offer those buyers $5,000 discounts on home prices, or to waive closing costs.
Sounds fair....
|
Who is paying for those interest free, payment deferred loans and incentives? I guess it probably doesn't make a difference though, either incentives are provided to them financed by the builders, passed on to the buyers or financed by the local government, paid for by the local taxpayers.
Guess it's the price of living in a wealthy area. |
|
02-03-2008, 10:38 AM
|
|
Realist
|
|
Join Date: Jan 2008
1,093 posts, read 795,951 times
Reputation: 443
|
|
|
Wasn't it Douglas County that didn't get 'stadium taxed' to build the new Mile High stadium a few years back, yet Boulder County taxpayers did? I believe there was some controversy about this, but nothing ever came of it. Figures.
|
|
02-03-2008, 11:10 AM
|
|
Senior Member
|
|
Join Date: Sep 2007
Location: Westminster, CO
272 posts, read 312,000 times
Reputation: 57
|
|
Quote:
Originally Posted by Shuffler
Wasn't it Douglas County that didn't get 'stadium taxed' to build the new Mile High stadium a few years back, yet Boulder County taxpayers did? I believe there was some controversy about this, but nothing ever came of it. Figures.
|
Not entirely true. The stadium district's boundaries are the same as that of RTD. This includes all of the counties of Denver, Boulder, Jefferson, Broomfield (almost), most of Adams, most of Arapahoe, and the northern portion of Douglas County, including Highlands Ranch and parts of Castle Rock.
Citations: Sales/Use Tax - FD Tax (Football Stadium District -- Special District Tax) Sales Tax - RTD Tax
That said, there was some controversy over many parts of Douglas County refusing to pay the tax. |
|
02-03-2008, 02:38 PM
|
|
Falls Angel
Status:
"*White Christmas*"
(set 5 days ago)
|
|
Join Date: Jan 2007
Location: Intermountain West
23,794 posts, read 13,750,458 times
Reputation: 3709
|
|
|
We in Boulder Co. have to pay the tax when we shop here, even though the tax actually failed in BC, as it passed district-wide.
|
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
