http://www.liberadio.com/2007/08/30/will-someone-please-make-a-pledge-to-lower-taxes/ with Mary Mancini and Freddie O'Connell Thu, 04 Dec 2008 03:49:32 +0000 http://wordpress.org/?v=2.6.3 http://www.liberadio.com/2007/08/30/will-someone-please-make-a-pledge-to-lower-taxes/#comment-53874 Volunteer Voters » Rates Of Gentrification Fri, 31 Aug 2007 12:33:15 +0000 http://www.liberadio.com/?p=905#comment-53874 [...] Mary Mancini puts the promises and pledges not to raise property taxes by the Mayoral candidates in perspective. Rates may not rise but if you live in a hot market that doesn’t mean your bill won’t go up: In other words, even if you don’t make improvements to your home but the houses in your neighborhood improve - think East Nashville, 12 South, Salemtown - then your property taxes will increase, regardless of any mayoral pledges to the contrary. And how will those for whom even a moderate property tax increase is unmanageable handle the inevitable jump that will follow in neighborhoods where developers are already replacing modest homes with those selling for four, five and six hundred thousand dollars? As Kerr points out, the next reappraisal in 2009 is halfway through the next mayor’s term and whoever wins “won’t be able to do a thing to help people who own homes in hot real estate markets.” Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] Mary Mancini puts the promises and pledges not to raise property taxes by the Mayoral candidates in perspective. Rates may not rise but if you live in a hot market that doesn’t mean your bill won’t go up: In other words, even if you don’t make improvements to your home but the houses in your neighborhood improve - think East Nashville, 12 South, Salemtown - then your property taxes will increase, regardless of any mayoral pledges to the contrary. And how will those for whom even a moderate property tax increase is unmanageable handle the inevitable jump that will follow in neighborhoods where developers are already replacing modest homes with those selling for four, five and six hundred thousand dollars? As Kerr points out, the next reappraisal in 2009 is halfway through the next mayor’s term and whoever wins “won’t be able to do a thing to help people who own homes in hot real estate markets.” Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

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