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Roger Long wrote:
"DSK" wrote Do you mean that the tax laws have changed so as to reflect property usage? Yes, the referendum passed this fall and the legislature is working on implementation. In a state that usually shows unusual common sense, the change failed the first time around. It took a massive education effort to get enough people to realize that the coastline was effectively going to become part of Massachusetts and New Jersey if it didn't pass. It used to be that, every time a waterfront business watched a new house going up on a piece of vacant shoreline, they knew that their property taxes would shortly follow. This still won't prevent waterfront users from being priced out of obtaining property but it will help keep them from being forced off of what they have now. We have the same problem up here. Rich 'mericans throwing around Yankee dollahs and driving up the cost of shore front properties. The provincial govt jumps on the band wagon by raising assessments sky high...forcing more & more long time owners to sell at least part of their family owned properties to... you guessed it...more rich 'mericans. Vicious cycle for locals. |
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