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Started By
Message
How does OT feel about being priced out of your home town?
Posted on 9/19/24 at 11:37 am
Posted on 9/19/24 at 11:37 am
Lots of these gentrified places are pricing out old residents who can’t afford the increased property tax bill and are priced out of their homes.
OT is bunch of old men but also believe in capitalism. Where do you stand?
OT is bunch of old men but also believe in capitalism. Where do you stand?
36
Posted on 9/19/24 at 11:38 am to fareplay
Millennials and Gen Z should have spent more time building equity instead of buying avocado toast and coffee
This post was edited on 9/19/24 at 11:39 am
Posted on 9/19/24 at 11:40 am to fareplay
Property taxes are evil. At most, you should be taxed based on what you actually paid.
Posted on 9/19/24 at 11:41 am to fareplay
quote:they can just transfer the title to their elderly parents name to shield from rising property taxes, ammiright?
Lots of these gentrified places are pricing out old residents who can’t afford the increased property tax bill and are priced out of their homes.
Posted on 9/19/24 at 11:42 am to SloaneRanger
So someone who bought their home for 15k should pay 1% of that value (est)?
Posted on 9/19/24 at 11:42 am to fareplay
Gentrification is just another boogie man people use as an excuse or example of the man keeping them down instead of taking responsibility for their own life choices.
Posted on 9/19/24 at 11:42 am to fareplay
Start with your county assessor.
Posted on 9/19/24 at 11:43 am to fareplay
True.I feel like my homeowners insurance and property taxes are squeezing me out. I had this conversation yesterday. We are being squeezed from every direction.
Posted on 9/19/24 at 11:44 am to SloaneRanger
(no message)
This post was edited on 5/28/25 at 3:51 am
Posted on 9/19/24 at 11:44 am to fareplay
quote:
So someone who bought their home for 15k should pay 1% of that value (est)?
No, we shouldn't have to pay tax on our property at all!
Posted on 9/19/24 at 11:45 am to fareplay
This is why Louisiana is the greatest place of all. We do get to have our cake and eat it to. The property tax locks at a certain age. Also, my in-laws, who's taxes are locked, are selling a house for 379 that they built for 125. They believe in their mind the house is worth 379, but what would they say to the assessor if you believe the house is worth 379 then so do we. Taxes are going up.
END RANT
END RANT
Posted on 9/19/24 at 11:46 am to fareplay
quote:I'm not old, but this quote is a perfect example why your threads are so terrible. Why include this statement?
OT is bunch of old men but also believe in capitalism. Where do you stand?
This post was edited on 9/19/24 at 11:46 am
Posted on 9/19/24 at 11:47 am to Lsupimp
quote:
True.I feel like my homeowners insurance and property taxes are squeezing me out. I had this conversation yesterday. We are being squeezed from every direction.
This is not gentrification homie.
Posted on 9/19/24 at 11:48 am to Lsupimp
Yes, it’s ridiculous that you can pay off your house, yet 5 years down the road you can’t afford the rising taxes. It’s a broken system.
Posted on 9/19/24 at 11:48 am to fareplay
Nah its called hard work buy when the market is down profit.
Posted on 9/19/24 at 11:49 am to Lsupimp
Question is: if a bunch of high salaried people move to your town, is it your job to keep up or pack your bags?
Posted on 9/19/24 at 11:49 am to sledgehammer
Well ,if the goal is to turn the middle class into renters, it makes perfect sense.
Posted on 9/19/24 at 11:51 am to fareplay
Depends. If I’m 80 or sick, or my wife wants to stay home with the kids, I guess I pack my bags.
Posted on 9/19/24 at 11:51 am to SuperSaint
quote:
they can just transfer the title to their elderly parents name to shield from rising property taxes
Posted on 9/19/24 at 11:52 am to SloaneRanger
quote:
Property taxes are evil.
I'm not sure what I hate more: property taxes or income taxes. Property taxes make you a serf to the state. Income taxes make you a slave to the state. Both are reprehensible. It's amazing we've allowed this to happen.
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