> Not if the municipality has a fixed budget In an area where property values are rising, other costs typically increase as well. Municipalities can't often pr

> Not if the municipality has a fixed budget In an area where property values are rising, other costs typically increase as well. Municipalities can't often provide the same services on a fixed budget any more than businesses can do so. > Also if your property value has gone up, you have gained equity, so that may offset increased taxes (depending on divers factors). This doesn't help unless you borrow against the increase in equity. Otherwise it just means less money in your pocket monthly.