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exactly. They can take your house more quickly than they are by raising your taxes. And when they do, the value of your house will decline rapidly, as it is n
by stretchwithme 16y ago
exactly. They can take your house more quickly than they are by raising your taxes. And when they do, the value of your house will decline rapidly, as it is no longer as good an investment.
I remember when Massachusetts reduced property taxes in the 80s, housing prices went up rapidly. It suddenly became a better investment, costing much less every year to maintain.
The opposite will happen if they raise the taxes.