Property tax question... are they really that high?

[sinsativ]

And I was just reading that due to all the foreclosures and high rates that the governments in a lot of the cities are scrambling big time due to the problems with their taxes. They had all had their property taxes raised in the "boon" now, the foreclosures, and there is no one there to pay at all.

[sapphire]

Originally Posted by sinsativ

And I was just reading that due to all the foreclosures and high rates that the governments in a lot of the cities are scrambling big time due to the problems with their taxes. They had all had their property taxes raised in the "boon" now, the foreclosures, and there is no one there to pay at all.

Was it this article on msnbc.com? Gut Check America: Foreclosure's fallout - Foreclosure's fallout - MSNBC.com

Interesting that we had another thread about Stockton, and it is mentioned in this article. Scary times await, I believe.

[sinsativ]

yep, that was it.

[ryneone]

Originally Posted by smitty12

And you though Austin was the Bastion of Liberalism in Texas.... Sales Taxes are much more regressive than Property taxes.

But as a whole we are not a liberal sate and since ALL of our representatives go to Austin to fight for us I say it the rest of the state.

It will be statewide! If you want to see what Austin would do to Texas if they had all the power look at New Jersey!

[ryneone]

Originally Posted by sapphire

Was it this article on msnbc.com? Gut Check America: Foreclosure's fallout - Foreclosure's fallout - MSNBC.com

Interesting that we had another thread about Stockton, and it is mentioned in this article. Scary times await, I believe.

Did you read though. San Antonio's for closure are coming down quickly thank god. They are now below 900 a month or quarter or year ill check but it is the first time in a while.

[sinsativ]

Yes, our foreclosure rate is steady, if you look at the interactive map they have, it had its worst time in 2006, now, we're a bit better than that, and steady to the upper growth. So at this time, SA is good, but, it shows that the states that have had growth in the past, have also had drops within two years afterwards, so, also a scary statistic to be concerned with. That is, a Boon growth, ours, at the current time, has been a slow, steady, growth, nothing like CA, or FLA, or AZ. The states that really got hit hard. So Far....