General Discussion

meaculpa2011

(918 posts)

6. My property taxes this year are $14,750.

Fri Oct 24, 2014, 03:49 PM

Oct 2014

We're in a very nice, very modest home in a middle/working class suburb just outside of NYC.

One of my neighbors is a lawyer, but most are teachers, police, small business owners, retirees and one free-lance writer.

I don't know how any community can expect to have a future if young families can't afford to live there.

We have a tax reduction program for seniors, but the income threshold is so low that few can really benefit.

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Are property taxes stopping many from home ownership [View all] scarystuffyo Oct 2014 OP

Taxes are how govt pays for things. Figure out where else the money can come from before... Hekate Oct 2014 #1

Property taxes help make the community livable . . . brush Oct 2014 #72

Agreed. I am not anti-tax, believe me. The other thing that suffered here was schools Hekate Oct 2014 #83

Without Prop. 13 I would have lost my house Sen. Walter Sobchak Oct 2014 #81

Not quite that bad here Retrograde Oct 2014 #97

Prop 13 is actually the reason CA's real estate market is not stable, why you bubbled so hard Bluenorthwest Oct 2014 #116

Prop. 13 was a result of municipalities aggressively reassessing properties at inflated values Sen. Walter Sobchak Oct 2014 #131

I live in a very high property tax area...Over 5000 per year for 1600 sq ft home on small lot. The empressof all Oct 2014 #2

Me, too. Just got my statement. $7,288 for a 450 sf one bedroom condo! NYC_SKP Oct 2014 #110

We have great schools where I live. And most school levys always pass. nt Logical Oct 2014 #3

Mine are way too high. bigwillq Oct 2014 #4

Which small town? NutmegYankee Oct 2014 #95

Not really JustAnotherGen Oct 2014 #5

My property taxes this year are $14,750. meaculpa2011 Oct 2014 #6

Wow that's nuts scarystuffyo Oct 2014 #8

NY, CT Or NJ? The empressof all Oct 2014 #11

Not sure where that poster lives but I live in CT and, yes, taxes are outrageous. bigwillq Oct 2014 #14

CT scarystuffyo Oct 2014 #18

You live in CT or the poster you asked does? bigwillq Oct 2014 #21

I'm sorry , I live in CT scarystuffyo Oct 2014 #22

Great. Me too! bigwillq Oct 2014 #23

I love everything about this state scarystuffyo Oct 2014 #25

The winter is part of the high tax though. NutmegYankee Oct 2014 #88

Oh I know snow removal costs but there's a lot of waste in this state scarystuffyo Oct 2014 #102

The Casinos aren't doing that well. NutmegYankee Oct 2014 #104

They still pay the state 25% of all slot revenue even now scarystuffyo Oct 2014 #105

$279 million and falling. NutmegYankee Oct 2014 #106

Holy cow that's a big drop scarystuffyo Oct 2014 #107

NY. South shore of Nassau County, Long Island four miles from the Queens line. meaculpa2011 Oct 2014 #17

Young folks buying in that area has always been a problem The empressof all Oct 2014 #27

We were very lucky. meaculpa2011 Oct 2014 #32

Are you from my hometown tabbycat31 Oct 2014 #15

I'm in Oceanside. And you? n/t meaculpa2011 Oct 2014 #19

Grew up in the White Plains area tabbycat31 Oct 2014 #53

Well, then, people in Portland, Oregon can stop complaining. HuckleB Oct 2014 #51

Makes me feel a lot better about the $9,049 tax bill I just got! REP Oct 2014 #58

My school taxes are more than double my municipal... Historic NY Oct 2014 #7

My town told me 78% of my taxes are for school taxes , do you get two bills or is it lumped together scarystuffyo Oct 2014 #12

We have two seperate bills... Historic NY Oct 2014 #108

I think the elderly should get significant property tax exemptions TexasMommaWithAHat Oct 2014 #9

you can't scarystuffyo Oct 2014 #13

Many states and cities have tax relief programs for the elderly , disabled, and disabled veterans. Lars39 Oct 2014 #20

I know in Florida they get a discount RockaFowler Oct 2014 #28

Borderline and Yes One_Life_To_Give Oct 2014 #10

So many Red Herrings out there. Wellstone ruled Oct 2014 #16

Damn right! TexasMommaWithAHat Oct 2014 #24

^this^ catrose Oct 2014 #31

New Hampshire ? scarystuffyo Oct 2014 #33

TX eom catrose Oct 2014 #45

I'm in NH Silent3 Oct 2014 #76

You guys are like us when it comes to property tax scarystuffyo Oct 2014 #77

Yes, at least we're spared sales tax and income tax. OTOH, since my wife and I don't cook much... Silent3 Oct 2014 #79

I don't know how long you've been in Texas... malokvale77 Oct 2014 #49

Well... Trekologer Oct 2014 #115

I don't think so frazzled Oct 2014 #26

No, The student loan problem is the biggest mortgage problem and the new social norms CK_John Oct 2014 #29

We've been wanting to downsize spinbaby Oct 2014 #30

They are attempting to raise everyone where I live 17% - in one year! maced666 Oct 2014 #34

I knowa couple of people if that happened here it could mean losing their homes scarystuffyo Oct 2014 #65

I would rather tax the rich, who can afford to be taxed Trajan Oct 2014 #35

I pay some of the lowest property taxes Le Taz Hot Oct 2014 #36

Mine are a shade under 14k. cherokeeprogressive Oct 2014 #82

Im ok with my property taxes Travis_0004 Oct 2014 #37

You don't avoid the impact of property taxes if you rent karynnj Oct 2014 #38

I'm in NM, and my property taxes are rather low. SheilaT Oct 2014 #39

Here in Orange County, NC, realtors advertise houses with Chapel Hill schools but no CH taxes. mnhtnbb Oct 2014 #40

My taxes are $400.00 on a $50,000 house CBGLuthier Oct 2014 #41

A year? scarystuffyo Oct 2014 #42

Yes CBGLuthier Oct 2014 #62

South Carolina? W_HAMILTON Oct 2014 #44

Oklahoma CBGLuthier Oct 2014 #63

No, but then we are still on the Prop 13 level... Tikki Oct 2014 #43

Ask that question when you don't have the burden Shankapotomus Oct 2014 #46

My mortgage payment is less than I was paying for rent REP Oct 2014 #57

Renters pay them too whatthehey Oct 2014 #47

No. Property taxes aren't bank-breaking. My energy bills are higher blm Oct 2014 #48

Property taxes have always been a part of one's home payment. HuckleB Oct 2014 #50

Raise top rax rate to 90% where it belongs fed, raise state income tax rate accordingly randys1 Oct 2014 #52

They did in Boston Warpy Oct 2014 #54

Mine keep dropping. Erich Bloodaxe BSN Oct 2014 #55

Wow, that's rotten luck. Hope the economy where you are turns around soon and takes KingCharlemagne Oct 2014 #87

I'm guessing it at a 20 year rebound if that. Erich Bloodaxe BSN Oct 2014 #90

My wife and I always said to each other that we were buying a place to live and not a KingCharlemagne Oct 2014 #98

How about a graduated property tax? ozone_man Oct 2014 #56

I don't know if that would be fair on peoples homes scarystuffyo Oct 2014 #61

For the 50% mill rate who can't afford that, ozone_man Oct 2014 #66

It just doesn't sound right to me scarystuffyo Oct 2014 #69

Oh, this will be a national policy. ozone_man Oct 2014 #70

hehe scarystuffyo Oct 2014 #71

Think of it like health care. ozone_man Oct 2014 #73

just a side note.. I love Vermont scarystuffyo Oct 2014 #74

It was just pie in the sky thinking. ozone_man Oct 2014 #78

Property isn't valued equally across the nation. NutmegYankee Oct 2014 #92

Location is taxable! ozone_man Oct 2014 #100

So what you actually are proposing is to screw the blue states. NutmegYankee Oct 2014 #101

Not thinking red or blue. ozone_man Oct 2014 #109

You don't seem to understand. NutmegYankee Oct 2014 #120

Stagnant and unstable wages are probably a bigger factor Marrah_G Oct 2014 #59

I guess I'm lucky to be in California? zappaman Oct 2014 #60

You're the 2nd person who said CA isn't bad scarystuffyo Oct 2014 #64

CA here. Almost $14k n/t cherokeeprogressive Oct 2014 #84

You posted pics of the place. Nobody's crying for you. LeftyMom Oct 2014 #85

But aren't your housing costs outrageous? Erich Bloodaxe BSN Oct 2014 #91

That's true in Southern California and the Bay Area Le Taz Hot Oct 2014 #94

I think he's somewhere around Berkley Erich Bloodaxe BSN Oct 2014 #96

Berkely is in the Bay Area. Le Taz Hot Oct 2014 #103

It varies wildly by community. LeftyMom Oct 2014 #99

Here's a house for sale PasadenaTrudy Oct 2014 #123

Coughing a lung up... Erich Bloodaxe BSN Oct 2014 #125

Insanity, isn't it? PasadenaTrudy Oct 2014 #130

Talk to your state and local governments. But many will blame the Feds. nt kelliekat44 Oct 2014 #67

We have Prop. 13 to thank... PasadenaTrudy Oct 2014 #68

Property taxes played a big role in where we bought our home 5 years ago krawhitham Oct 2014 #75

They work out to just over $100/mo and the assessed value is arguably too high. LeftyMom Oct 2014 #80

Yes. lumberjack_jeff Oct 2014 #86

no ibegurpard Oct 2014 #89

In California (2 BR Condo). About $250/month for us. I feel it is too high, b/c KingCharlemagne Oct 2014 #93

3 questions: Maybe, no and possibly. flvegan Oct 2014 #111

taxes on my house here in AZ has dropped 75% in the last 3 years Pakhet Oct 2014 #112

Question makes no sense. MadrasT Oct 2014 #113

Our property taxes doubled last year madokie Oct 2014 #114

Property taxes melm00se Oct 2014 #117

Seniors get breaks in my state treestar Oct 2014 #118

I challenged mine and partially won ecstatic Oct 2014 #119

Well.... Adrahil Oct 2014 #121

Welcome to DU alcibiades_mystery Oct 2014 #122

No. Lack of money and student debt TBF Oct 2014 #124

It isn't the property taxes redstatebluegirl Oct 2014 #126

Depends on where you're talking about customerserviceguy Oct 2014 #127

Property taxes are always an issue in home ownership. MineralMan Oct 2014 #128

I can't speak for others, but it is my one fear, as a relatively new widow age 64. WinkyDink Oct 2014 #129