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05-12-2007, 09:41 PM
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#22
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Senior Mommysavers Member
Join Date: Jul 2006
Posts: 283
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We consider it almost daily. But doubt that it will ever happen. For us just to move outside the city we live in would significantly lower alot of the taxes we pay as well as give us the ability to buy a home three times the size of our current one for half the price of the one we have now. Problem is to go means we would have to sell our current home and the housing market here is at a stand still. Our county assessor last year upped the values of homes in this town to way over the national market value as every govt. entity was squawking for more money and upping a home value by 30,000 meant each property owner had another thousand or so tacked to their property taxes. While everyone fought the increase, very few people were able to get their values reduced. Sadly it has been the trend for several years here and has caused home sellers to either lose money in order to sell or for homes to sit on the market for years. (We bought our 2 bedroom bungalo in 1995 for 35,000, today it is valued at over 100,000 and we have done nothing to it in the form of major projects. We also cannot get that price from it. And interestingly enough we pay more in taxes on it every year now than we do on our house payment each year.)
We also live in a state that ranks in the top 10 for highest taxes in the nation, but they have us both ways. You can't afford to live here, but you can't afford to leave here either. Unless you are independently wealthy. The taxes in this state alone make sure you cannot ever get any money put away, and now add the recent out of this world hikes at the pumps and stores and utility companies with no raise in pay and you find yourself not worrying about the future, but instead today.
Sadly we are like most people. Unless we sell our home we have no way of purchasing another one. So not only will we not be leaving the city any time soon, we also will probably never leave the state either.
Please tell me our current economy can't last forever!!!!!!!!!!!!!!
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