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Default Great Economic News: Recession is Over!

On Sun, 07 Sep 2003 03:33:09 GMT, "NOYB" wrote:

My house's appraised value is up almost 50%
since Jan. '01. That's nuts.


My county appraisal went up over 40% last year.

The effect of these sharply escalating prices is to make one a captive
of the house they currently own. If I sell my house, and buy a house
of equal value, in the same city, my taxes will go up by about 300%.
I'm fortunate that I live in a house I don't mind staying in, and that
I happen to own two houses in the same neighborhood, but the situation
is rediculous.

Is it really fair that the person who buys the house next door to me
pays 300% of the taxes I pay, and receives the same services for it?

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