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Reply #186: high housing values are a pain in the neck for people who already own a house. [View All]

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katkat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 11:15 PM
Response to Reply #7
186. high housing values are a pain in the neck for people who already own a house.
Because they mean high property taxes. And you can't saw off part of the back porch to pay the taxes with,

For long term homeowners, high housing values can be a disaster, forcing them to sell and driving moderate and lower income people out of the community.
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