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re: Daughter's So Cali mortgage went up about $500. mo due to tax increases. Crazy.

Posted on 7/6/19 at 11:24 am to
Posted by the808bass
The Lou
Member since Oct 2012
111802 posts
Posted on 7/6/19 at 11:24 am to
quote:

So the appraised value of the property increased so they have to pay more prop tax? That’s not a tax increase per se, that’s an appraisal issue


Lol
Posted by tilco
Spanish Fort, AL
Member since Nov 2013
13510 posts
Posted on 7/6/19 at 11:27 am to
quote:

I have a customer in rural California with a home on well water. The state sent someone out to look at putting a meter on her well in order to tax her for the water. She said she’s not far from leaving.


There is no way this is legal.
Posted by jimdog
columbus, ga
Member since Dec 2012
6636 posts
Posted on 7/6/19 at 11:28 am to
The problem with the folks next door are they spill over into the street. 3 families with 1500 sq ft means some sleep in the beater(s) parked on the street in front of their house and even eat sitting on the curb at times. Try it Buster Brown and report back.
Posted by cwill
Member since Jan 2005
54754 posts
Posted on 7/6/19 at 11:33 am to
quote:

quote:
I have a customer in rural California with a home on well water. The state sent someone out to look at putting a meter on her well in order to tax her for the water. She said she’s not far from leaving.


There is no way this is legal.


I don’t know the law in CA but water rights out west are a lot different than the SE.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 1:38 pm to
The property value is the property value, regardless of the size of the house or the identity of the neighbors.

A 1500 square-foot house in Dallas has less than 10% of the monetary value of the same house located in Manhattan.

the amount of the monthly principal and interest payment may be exactly the same size in either state, but the monthly payment to the bank in New York will be significantly larger. The bank is escrowing money for property taxes on 10 times the value, plus property insurance on 10 times the value.
Posted by jimmy the leg
Member since Aug 2007
35230 posts
Posted on 7/6/19 at 1:39 pm to
quote:

They chose to live there. 


If he is the military, then your quote may not (and probably doesn't) apply.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 1:41 pm to
quote:

I would guess the appraised value. Payment increased $480. mo.
I find myself wondering whether the Democrats are to be called responsible for the significant increase in the value of this family’s largest asset. This thread did start as a complaint about Democrats, right?
This post was edited on 7/6/19 at 2:20 pm
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 1:45 pm to
quote:

quote:

I have a customer in rural California with a home on well water. The state sent someone out to look at putting a meter on her well in order to tax her for the water. She said she’s not far from leaving.
There is no way this is legal.
Water is property. Government tax property all the time. I am not saying I agree with this concept. To the contrary, it seems ridiculous. That is a long way from saying that it is illegal.

Before this thread ends, someone will accuse me of supporting taxes upon drinking your own water.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/6/19 at 1:45 pm to
quote:

Asking a question of the OP said the mtg went up due to tax increases...I’m simply asking what tax increased the mtg.
Then my interpretation of your question was in error. See above response to Hank.
Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 7/6/19 at 1:51 pm to


This post was edited on 7/6/19 at 2:04 pm
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
68944 posts
Posted on 7/6/19 at 1:55 pm to
Looks like the market is offering a solution.

Too bad there is a no sex rule.


California bunk house $1200 mo.

quote:

In Los Angeles and San Francisco, where prices are particularly exorbitant, people have taken to renting bunk beds in communal homes. 

PodShare, which provides 10 to 15 co-ed bunkbeds in six locations across California, is hoping to help solve the affordable housing crisis.  

The beds can be rented from $35 to $50 a night, which amounts to between $1,050 and $1500 for one month.





Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 7/6/19 at 1:55 pm to
(no message)
This post was edited on 7/6/19 at 2:04 pm
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105555 posts
Posted on 7/6/19 at 1:56 pm to
It's a funny cycle California has created. Raise taxes to pay for pensions and free shite, and create more homelessness. Raise taxes to help the increased homelessness and that creates more people without homes.

California will not be able to sustain what they are doing, and they will expect the nation to bail them out.
Posted by Crimson Wraith
Member since Jan 2014
25132 posts
Posted on 7/6/19 at 2:06 pm to
Sounds like on-base housing is the way to go in CA.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 2:07 pm to
To summarize the thread, we have now answered the OP’s questions.

First, the OP accidentally overstated the increase in the monthly payment by $1000. This was the vast majority of the difference.

Second, the vast majority of the remaining change could be attributed to an increase in the appraised value of the home, with a concomitant increase in the amount of property tax being escrowed each month.

Thirdly, there would have been increased insurance costs related (1) to increased property value and (2) also to the recent fire history in the area.

None of this is related in any way to any action by any governmental entity (be it state local or otherwise, be it Dem or GOP). Unless you want to thank/blame a political party for increases in property values.

I will not be holding my breath for an apology from those members of the brain trust who accused me of being a partisan hack for asking exactly the very questions which solved this puzzle.
This post was edited on 7/6/19 at 10:15 pm
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/6/19 at 2:09 pm to
quote:

I will not be holding my breath for an apology from those members of the brain trust who accused me of being a partisan hack for asking exactly the very questions which solved this puzzle.
Well, I don't know why this is in response to me.

I've barely participated in this thread.
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 7/6/19 at 2:11 pm to
Two reasons, neither of which is very important.

First, you were the person who ridiculed the original questioner about the nature of the change. You fixed that, to your credit.

Second, your post just happened to be the last one on the thread when I was ready to post
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/6/19 at 2:12 pm to
quote:

First, you were the person who ridiculed the original questioner about the nature of the change. You fixed that, to your credit.
Exactly. I simply misinterpreted the reason for his question.

And, despite assertions to the contrary, I tend to be a candid and forthright poster on this board. This ain't my first time admitting error, won't be the last.
Posted by The Funnie Five
Bluffington
Member since Feb 2019
3404 posts
Posted on 7/6/19 at 2:18 pm to
I make a little over 140k in San Diego and feel middle class at best. My income in neighboring Nevada or Arizona would be baller status
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34312 posts
Posted on 7/6/19 at 2:19 pm to
The problem with them leaving is they bring their bad ideas to other places. They flat out refuse to change and want you to change to the environment they are escaping
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