Property Tax: A Growing Expense and Concern

By Jeff Adolph

Property Tax

Have you ever thought that your property taxes were getting to be too expensive?

Residents in New York who are paying more than $6,000 a year on property taxes, believe that this expense may be driving their friends and family out of the region, and making property unaffordable.

As Joan Pritchard, a speech therapist and local resident told reporter, James M. Odato, of the Times Union, " We have seen a lot of our family have to move. I hope in years to come that my own children can afford to stay."

Gov. David Paterson recently told local constituents that he would hold down property taxes with an executive order.

'This order would require cost evaluation on any proposed regulation or law to make sure that it won't add a financial burden to local governments.'

Currently real estate taxes in New York are 78 percent higher than the national average and this is making owing a home here out-of-reach for many people.

Source: Odato, James M. (2009) Property Relief is on Order; available online at http://www.timesunion.com 

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By Jeff Adolph

Property Tax

Have you ever thought that your property taxes were getting to be too expensive?

Residents in New York who are paying more than $6,000 a year on property taxes, believe that this expense may be driving their friends and family out of the region, and making property unaffordable.

As Joan Pritchard, a speech therapist and local resident told reporter, James M. Odato, of the Times Union, " We have seen a lot of our family have to move. I hope in years to come that my own children can afford to stay."

Gov. David Paterson recently told local constituents that he would hold down property taxes with an executive order.

'This order would require cost evaluation on any proposed regulation or law to make sure that it won't add a financial burden to local governments.'

Currently real estate taxes in New York are 78 percent higher than the national average and this is making owing a home here out-of-reach for many people.

Source: Odato, James M. (2009) Property Relief is on Order; available online at http://www.timesunion.com 

Image Source: Microsoft Clipart

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Property Tax

Have you ever thought that your property taxes were getting to be too expensive?

Residents in New York who are paying more than $6,000 a year on property taxes, believe that this expense may be driving their friends and family out of the region, and making property unaffordable.

As Joan Pritchard, a speech therapist and local resident told reporter, James M. Odato, of the Times Union, " We have seen a lot of our family have to move. I hope in years to come that my own children can afford to stay."

Gov. David Paterson recently told local constituents that he would hold down property taxes with an executive order.

'This order would require cost evaluation on any proposed regulation or law to make sure that it won't add a financial burden to local governments.'

Currently real estate taxes in New York are 78 percent higher than the national average and this is making owing a home here out-of-reach for many people.

Source: Odato, James M. (2009) Property Relief is on Order; available online at http://www.timesunion.com 

Image Source: Microsoft Clipart

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

By Jeff Adolph

Property Tax

Have you ever thought that your property taxes were getting to be too expensive?

Residents in New York who are paying more than $6,000 a year on property taxes, believe that this expense may be driving their friends and family out of the region, and making property unaffordable.

As Joan Pritchard, a speech therapist and local resident told reporter, James M. Odato, of the Times Union, " We have seen a lot of our family have to move. I hope in years to come that my own children can afford to stay."

Gov. David Paterson recently told local constituents that he would hold down property taxes with an executive order.

'This order would require cost evaluation on any proposed regulation or law to make sure that it won't add a financial burden to local governments.'

Currently real estate taxes in New York are 78 percent higher than the national average and this is making owing a home here out-of-reach for many people.

Source: Odato, James M. (2009) Property Relief is on Order; available online at http://www.timesunion.com 

Image Source: Microsoft Clipart

-----------------------------------------------------------------

*RealQuestions RealAnswers*

Click on Comments below and share your thoughts and opinions, ask a real estate question or offer story suggestions...

-----------------------------------------------------------------

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By:

© 2006+ Jeff Adolph GayRealEstate USA

Proudly Sponsored By: