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Taxes on both sides will be catching up. There are quite a few towns/villages now in Dutchess going through a complete reassessment through MJW. Some of the taxes are going through the roof. My own assessment went up 275,000. My neighbors went up closer to $300,000.-and we don't live in McMansions, just cape cod style homes.
I think you'll see that taxes in the next 5 years will be as high as Rockland or Westchester on both sides of the river. Home prices in Dutchess may have leveled a bit-but southern Dutchess your still looking at about $400,000 for a resale-and many of them are raised ranches(cookie cutter homes). If you want to escape higher taxes, you'll have to set your eyes to counties north of both-but it'll get there soon too. You've got the Albany area trickling down and west bound to get away from higher taxes. Columbia and Ulster/Green will be going up too as more people move there.
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