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To: glaseatr

“those who already have houses”

drop in prices generally not a problem for long time owners, in fact, their property taxes should go down ...


27 posted on 10/20/2025 9:27:01 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: catnipman

There are two things that never go down, property taxes and Catholic girls.


29 posted on 10/20/2025 9:35:33 AM PDT by central_va ( I won't be reconstructed and I do not give a damn...)
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To: catnipman

Yes, but cities will fight this tooth and nail. Its one reason housing prices crash instead of slowly dropping.

Government wants that money and they hate to admit it when housing goes down. So they prop it up as long as they can to get that money.


38 posted on 10/20/2025 12:34:27 PM PDT by packrat35 (“When discourse ends, violence begins.” – Charlie Kirk, and they killed him anyway)
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To: catnipman
Correct. I saw the house in California I bought in 1998 for 200k to go 640K before the collapse in 2008. That dropped it to 280K. I sold it this April for 720K.
43 posted on 10/21/2025 4:30:12 PM PDT by glaseatr (Father of a Marine, Uncle of SGT Adam Estep. A Co. 2/5 Cav. KIA Thurs April 29, 2004 Baghdad Iraq)
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