07-02-2008, 04:45 AM
I seem to remember there being a limit to a few percent on owner-occcupied tax increases to protect us from getting slammed in speculative market run-ups. That could account for newbies paying more than longer-term owners. Also, I think this rule can actually result in taxes not coming down in a falling market since they never got up to full value during the run-up. I could be wrong about all this, but I'm sure some of our Punaweb real estate professionals can clarify it.
Getting back on topic, all of the above about taxes still doesn't justify the lack of police resources in Puna IMHO.
Cheers,
Jerry
Getting back on topic, all of the above about taxes still doesn't justify the lack of police resources in Puna IMHO.
Cheers,
Jerry