Re: 42-story residential tower on tap for Journal Square

Posted by MDM on 2015/3/11 17:14:01
Quote:

zerkski wrote:
Your speaking like we have Paulus Hook funds to remove that siding. I hear ya, but we can't make our homes look nicer when we have no money.


Don't forget the city and the county will reward your efforts and expense by raising your taxes, since your property is now worth more. The best you can hope for is a 5 year tax abatement to ease the financial pain just a bit.

Taxing improved value has the perverse effect of making people to NOT want to maintain or improve their properties.

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