[Audacious]

Here is a link to a grass roots tax reform movement now under way.

Property Tax Reform Now

Lower taxes reduces the cost of home ownership for everyone.

[hiknapster]

Originally Posted by macguy

Just out of curiosity, why didn't you dump off those houses when prices were at their peak? I doubt 2009 will see prices like that again, not even close. I sold off property when it was at the peak, I kept a few lots a little too long but still made myself a load of dough.

That is beautiful.

[sunrico90]

Would everyone agree that WE the state citizens try our best to make money after the hurricanes and was the key reason for the price hike. Lack of housing, great demand for housing---demand and supply. Demand is the winning one and prices reach phenomenal hights. Now many that had to purchased a home due to necesity are having financial problems....

Do you agree or not?

[tallrick]

There were many opportunities for me to sell and cash out, but I didn't want to become a sunbird and invade someone else's state. Taking a significant loss on 20 acres is worth it if I end up building and moving there and paying the low taxes I expected.

[Audacious]

Originally Posted by sunrico90

Would everyone agree that WE the state citizens try our best to make money after the hurricanes and was the key reason for the price hike. Lack of housing, great demand for housing---demand and supply. Demand is the winning one and prices reach phenomenal hights. Now many that had to purchased a home due to necesity are having financial problems....

Do you agree or not?

I agree. I lost a house to Charley in 2004. I don't understand it but the prices of houses went through the roof (for those of us who still had a roof) people were bidding / buying wrecked houses for more than they were worth before the storm. I didn't get that one at all.


A few miles further north, the housing prices were static but the rents zoomed. That part made sense.