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Nashville increases property taxes 34% rents to go up 40% to offset tax increase
Posted on 6/18/20 at 12:38 pm
Posted on 6/18/20 at 12:38 pm
Quickest way to kill your economy is by forcing businesses and residents out of your county.
Fox 37
Nashville’s 34% property tax hike will not only impact property owners, economic experts tell FOX 17 renters will also see a significant increase on their next lease.
The Beacon Center of Tennessee says monthly rents could go up as much as 40% in Nashville to compensate for the extra cost.
Fox 37
Nashville’s 34% property tax hike will not only impact property owners, economic experts tell FOX 17 renters will also see a significant increase on their next lease.
The Beacon Center of Tennessee says monthly rents could go up as much as 40% in Nashville to compensate for the extra cost.
14
Posted on 6/18/20 at 12:39 pm to ihometiger
Pigs get fed, hogs get slaughtered.
Posted on 6/18/20 at 12:41 pm to ihometiger
Was this to cover a shortfall from the government-imposed shut down?
Posted on 6/18/20 at 12:42 pm to ihometiger
Posted on 6/18/20 at 12:42 pm to ihometiger
And on top of that, businesses on Broadway who are trying to open amidst COVID regulations sometimes still can't open at all because of protests and rioting. Davidson County gonna Davidson County.
Posted on 6/18/20 at 12:42 pm to ihometiger
Can this cost increase be counted towards "reparations" like all the other entitlement programs for last 50 years?
Posted on 6/18/20 at 12:43 pm to goofball
I never thought I'd miss Mayor Megan Berry, yet here we are.
Posted on 6/18/20 at 12:43 pm to ihometiger
Welp, looks like I'm moving to Williamson County in a few months.
Posted on 6/18/20 at 12:44 pm to ihometiger
where's all Nashville proponents now? sick of the propaganda they spread on this board
Posted on 6/18/20 at 12:44 pm to FinleyStreet
quote:
I never thought I'd miss Mayor Megan Berry, yet here we are.
I've only been up here for a year but I imagine a cardboard cutout of a random dude would be more effective than John Cooper
Posted on 6/18/20 at 12:45 pm to Cousin Key
quote:
Welp, looks like I'm moving to Williamson County in a few months.
Come out to Sumner County. As long as you don't plan on putting any family members in a nursing home, life is pretty good out here
Posted on 6/18/20 at 12:45 pm to sweetwaterbilly
quote:
I've only been up here for a year but I imagine a cardboard cutout of a random dude would be more effective than John Cooper
No way that midget he gets elected again. He's ostracized both sides at this point.
Posted on 6/18/20 at 12:46 pm to ihometiger
quote:
34% property tax increase
quote:
rents to rise 40% to offset
This can't be. I recall many guys on here telling me "renters don't have property tax included in rent".
Posted on 6/18/20 at 12:51 pm to ihometiger
quote:
The Beacon Center of Tennessee says monthly rents could go up as much as 40% in Nashville to compensate for the extra cost.
And, of course, this will drive people out of the city and lower the value of property in the city.
Posted on 6/18/20 at 1:01 pm to Privateer 2007
quote:
. I recall many guys on here telling me "renters don't have property tax included in rent".
You can only charge what the market will bear for rent. There have been times property values have gone up, and thus my taxes on rental property, but rents in the area were falling.
The tax rate in Nashville is still low, I pay close to $6/$100 in Dallas.
Posted on 6/18/20 at 1:06 pm to ihometiger
Keep believing all the promises from these lying politicians about how they will give you everything but only tax the "evil rich people."
When will people realize that there is no free lunch and these retard politicians are nothing but snake oil salesmen?
When will people realize that there is no free lunch and these retard politicians are nothing but snake oil salesmen?
This post was edited on 6/18/20 at 1:15 pm
Posted on 6/18/20 at 1:08 pm to ihometiger
SUPER pumped that I closed on a house last week in Nashville 
Posted on 6/18/20 at 1:11 pm to ihometiger
For a state with no income taxes, I was shocked at how low Nashville's property taxes are/were.
Posted on 6/18/20 at 1:16 pm to MMauler
quote:
And, of course, this will drive people out of the city and lower the value of property in the city.
And this would please the active anti-gentrification portion of a certain voting demographic.
Posted on 6/18/20 at 1:26 pm to Cousin Key
Franklin is full.
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