DIYbanter - View Single Post - U.S. Home Values Up 2 Trillion Dollars This Year

Ralph Mowery[_3_]

In article ,
says...

They do here, every time there is a revaluation. It's what fair and reasonable
places across America do when they revalue properties every ten years or so.
Florida may be an exception.

In a large city near me the property values are going way up. Damn
Yankeys moving in. There is a housing shortage and they often sell
their house for way more than the same house around here would have
cost.

Some low income areas where the houses may be worth $ 75,000 at most are
new valued at ovre $ 300,000 just becuse of the land value. Taxes are
forcing many to move out as they can not affored the tax on a $ 300,000
house that should be less than $ 75,000.