Friday, 20 April 2018

Are lower tax rates linked to higher home appreciation?

Nobody likes getting tax bills, especially homeowners who are burdened with ever-escalating local property taxes. Last year, property taxes collected by local and state governments rose by an average 6 percent — $293.4 billion in total — almost three times the annual rate of inflation. But the tax rates you pay are probably very different from what owners pay elsewhere. In Essex County, New Jersey, the average property tax on a single-family home last year […]



source https://therealdeal.com/2018/04/20/are-lower-tax-rates-linked-to-higher-home-appreciation/

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