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Why are property taxes in NY state so high? I moved to upstate NY a few years ago for work, and while houses are cheaper than in CA, property taxes are far high
by chriskanan 8y ago
Why are property taxes in NY state so high? I moved to upstate NY a few years ago for work, and while houses are cheaper than in CA, property taxes are far higher ($20K in property taxes per year for a $500K home). Some people I know are paying even $30-40K in property taxes per year. I was excited about the cheaper home prices in this area, but now that I am finally thinking about buying a home, it is fairly difficult if one includes the property taxes (without taking into consideration deduction schemes).