Monday, June 30, 2008

My property taxes may decrease? I'm rolling on the floor laughing...

Here's a thought-provoking story nonetheless about a housing slump meaning that state and local government will have less revenue because of, among other things, declining home values.

While I would love to see a decline in my property taxes (they went up by, IIRC, 3% this year), let's just say I am not holding my breath. I also have to remember that our local high school district wants to tack on an extra grand to build a new school. Yeah, right.


shell said...

As an out of state home owner looking for Chicago real estate the taxes scare me. I have been using this link above to look for specific real estate areas - and now have been researching the "cost of living" in those areas. Thanks for your information.