06-20-2018, 12:46 PM
"The 'hot economy' does not necessarily translate into large gains coming in from property taxes."
I agree. But a good economy does allow existing payers to keep paying their taxes. Once the economy goes bad, people stop paying their taxes either because they have to default, or they move in with their (parents, kids, whoever) on the mainland or wherever else is perceived to be cheaper.
I agree. But a good economy does allow existing payers to keep paying their taxes. Once the economy goes bad, people stop paying their taxes either because they have to default, or they move in with their (parents, kids, whoever) on the mainland or wherever else is perceived to be cheaper.