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Old 08-24-2007, 09:37 AM
 
Location: Albuquerque
5,548 posts, read 16,076,111 times
Reputation: 2756

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GregW - proving that, at least, he can do math - cautioned

> Don't forget to factor in Inflation. ...

Awwww, why did you have to go and start in with that?

> What cost $10000 in 1982 would cost $21388.47 in 2006.

Right. Therefore, an 800% increase is really an inflation-adjusted
increase of 374%. However, my guess is that neither katpohl or
WLUTZ are talking about "real" increases, just "dollar" increases.
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Old 08-24-2007, 10:49 AM
 
Location: Londonderry, NH
41,479 posts, read 59,756,720 times
Reputation: 24863
I'll bet the land value in $/acre or house value in $/ft^2 went up more than the inflation adjusted ~400%. However for a long term resident the utility (usability) did not increase at all over that time. This is the prime problem with real estate that you are using and not just speculating on. The utility stays constant while the carrying cost continually increases.

This is why I object to real estate taxes as a way to fund local governments. Unlike an income tax, a property tax does not tax actual utility, it only taxes monetary utility and is not fair to long term property holders and favors the quick turn around speculator.
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Old 08-24-2007, 11:09 AM
 
101 posts, read 386,053 times
Reputation: 39
While I may have come across a little harsh I thought the post that started this little discussion was incredibly harsh.

My guess is the 800% figure was somewhat exaggerated to make a point
(much like the house size was). I could be wrong.

I can sympathize with high property taxes. Mine are $5000 yearly on a $230,000 property.

Compared to where I live now New Mexico taxes are relatively low and I hope they stay that way, but things change and one has to be able to change too or at least try to keep an open mind.
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Old 08-25-2007, 12:18 AM
 
21 posts, read 93,884 times
Reputation: 32
In 1987 my property taxes that year was 1.79
In 2006 my property taxes were 239.00
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Old 08-25-2007, 03:13 PM
 
Location: Albuquerque
5,548 posts, read 16,076,111 times
Reputation: 2756
$1.79 to $239 is an increase of $237.21 which is 13,252%!!!
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Old 08-25-2007, 08:56 PM
 
21 posts, read 93,884 times
Reputation: 32
Yes I know, but if saying the taxes had increased 800% got me told I was talking bull**** what would I have been told about the the true numbers ?
See , I'm employed in a public service job and have for the last 15 or so years been hearing 'out of our state
people who in one breath say how much lower the cost of living and how much simpler life is here in the land of enchantment and with the next breath
insult and poke fingers and sniff with noses in the air about our native people no matter if they are Anglo or Spanish or Native American .
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Old 09-01-2007, 01:27 AM
 
Location: Yellville,AR.
140 posts, read 475,133 times
Reputation: 108
Default Caveat Emptor - Buyers Beware

I just learned today a little more about Wells, Drilling in the Summer ,dryer weather is a better time, so you know what actual amount of pressure and Volume of Water. When it comes to buying land become a ,"Me Tink a Bout it", and you will come out in a better position in the deal. Research till it hurts. We can't wait for our place in NO Arkansas to sell so we can move to my Wife.s Dream - Land of Enchantment. Oh well I am game.
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Old 11-18-2008, 01:32 PM
 
5 posts, read 28,954 times
Reputation: 12
Default Living in Deer Canyon

If you are thinking about Deer Canyon, you are making a good descision. What you will find is obviously a great cost of living, views that can't be beat and fabulous weather. But, the best part is the community that the town of Mountainair has that you will not find on your first visit, but once you spend some time there. From art, to charity, pot luck dinners, it is great!

If you are interested in Deer Canyon, make sure that you speak with Frances Gonzales, she is the salt of the earth and really cares.

Hope this helps!
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Old 11-19-2008, 12:08 PM
 
Location: Londonderry, NH
41,479 posts, read 59,756,720 times
Reputation: 24863
My problem with gated communities is they might just lock the gates when I am inside. Good luck and enjoy your property.
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Old 11-03-2010, 12:49 PM
 
1 posts, read 1,147 times
Reputation: 10
Default Harsh

Quote:
Originally Posted by Ytrsh View Post
All the Californicators love to come to Torrance County and throw their money around. Deer Canyon is yet another example of nouveau riche parasites with their heads up their third point of contact.

That is a bit harsh, but $170,000 for a few acres in that area seems outrageous.
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