In message , Adrian Simpson
writes
In article , hugh
] writes
Revaluation should only take place when a property is sold IMO. That
is the only point at which the value of the property has any
relationship with your income.

Most of the houses in my street were built in 1939. Up until 5 years
ago, one of them was still lived in by its original occupant. How
would you have valued that one ?


Adrian
Well the occupant has paid property tax for 73 years so why worry?
--
hugh