fastcad

Why Property Taxes Must Be Cut

Haven't you been paying attention, lowering the property taxes will just cause home ownership to be lowered and then Real Estate Agents and Home owners will raise the price of owning a home. This cycle has got to stop, our governments can keep borrow and spending, most states are close to bankruptcy. Everyone needs food, transportation and a place to live. Housing prices have been distorted by supper low interest rates to 'create wealth' which the whole market melt down shows only goes so far. Owning property is having property taxes, renters pay rent which includes property taxes. The market will only recover when the cost of a house and taxes will equal the monthly rental value, It has been shown, by this bubble that lowering, interest rates or any thing that artificially lowers housing costs will only cause House flippers to get rich, everyone else will lose. So we must raise property taxes.