The Cellar  

Go Back   The Cellar > Main > The Internet

The Internet Web sites, web development, email, chat, bandwidth, the net and society

Reply
 
Thread Tools Display Modes
Old 03-27-2012, 03:31 PM   #316
HungLikeJesus
Only looks like a disaster tourist
 
Join Date: Feb 2007
Location: above 7,000 feet
Posts: 7,208
Don't you mean KFC?
__________________
Keep Your Bodies Off My Lawn

SteveDallas's Random Thread Picker.
HungLikeJesus is offline   Reply With Quote
Old 03-27-2012, 07:59 PM   #317
Griff
still says videotape
 
Join Date: Feb 2001
Posts: 26,813
5-10k/yr@KFC! Call the medics.

The mortgage deduction looks like a scam from where I'm sitting.
__________________
If you would only recognize that life is hard, things would be so much easier for you.
- Louis D. Brandeis
Griff is offline   Reply With Quote
Old 03-27-2012, 09:25 PM   #318
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
I have to say, while I like taking the mortgage deduction myself (I got mine, Jack!) I don't think it's really that effective at promoting homeownership like it's supposed to. I mean, who says to themselves, "Weeeeelllll, we're on the fence about buying a house, such a big commitment and all... Wait, what's that? At the end of next year, our total tax bill will be reduced by a relatively small percentage of the interest payments we will be making on this house? Oh shit, sign us up today!"

Besides that, I think promoting homeownership is a wasted initiative to begin with. They have it backwards: homeownership is associated with stable and productive families, yes, but it's an effect, not a cause. You can't just give someone a house and all of a sudden they're a paragon of civic duty and filial responsibility.
Clodfobble is offline   Reply With Quote
Old 03-27-2012, 10:01 PM   #319
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
WSS^^^
__________________
"like strapping a pillow on a bull in a china shop" Bullitt
classicman is offline   Reply With Quote
Old 03-28-2012, 07:20 AM   #320
glatt
 
Join Date: Jul 2003
Location: Arlington, VA
Posts: 27,717
Quote:
Originally Posted by Clodfobble View Post
What about your property taxes? Surely those have gone up over the years, probably at a rate similar to the amount rent has gone up? At this point my dad's property taxes are far, far higher than the mortgage on his house.
Yeah, the taxes keep going up. But while there was a huge jump during the real estate boom a decade or so ago, they have stayed pretty steady over the last decade.
glatt is offline   Reply With Quote
Old 03-28-2012, 09:22 AM   #321
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
I don't know about Virginia, but in Texas they're only allowed to raise your property taxes by a certain percentage each year, to help keep the established homeowners from being forced out during housing bubbles. But if you live in a place long enough, it'll still catch up with you in the end.

Our neighborhood was subject to part of the housing crash, and our house is currently still appraised at less than we paid for it (though not less than we actualy owe on it, fortunately,) but we like that because we know it'll go back up eventually, we have no intentions of moving, and in the meantime it means our property taxes are lower.
Clodfobble is offline   Reply With Quote
Old 03-28-2012, 10:10 AM   #322
glatt
 
Join Date: Jul 2003
Location: Arlington, VA
Posts: 27,717
When the bottom fell out of the market, our real estate taxes didn't really go down. The assessment went down, but the government raised the tax rate to keep the tax amount pretty level. And then as assessments have crept up slowly, they have lowered the tax rate.
glatt is offline   Reply With Quote
Old 03-28-2012, 04:49 PM   #323
Gravdigr
The Un-Tuckian
 
Join Date: Apr 2007
Location: South Central...KY that is
Posts: 39,517
Quote:
Originally Posted by Gravdigr View Post
JFC.
Quote:
Originally Posted by HungLikeJesus View Post
Don't you mean KFC?
Kentucky Fucking Christ? That don't make no sense.

__________________


These statements have not been evaluated by the FDA, EPA, FBI, DEA, CDC, or FDIC. These statements are not intended to diagnose, cause, treat, cure, or prevent any disease. If you feel you have been harmed/offended by, or, disagree with any of the above statements or images, please feel free to fuck right off.
Gravdigr is offline   Reply With Quote
Old 03-28-2012, 06:29 PM   #324
ZenGum
Doctor Wtf
 
Join Date: Oct 2007
Location: Badelaide, Baustralia
Posts: 12,861
Quote:
Originally Posted by glatt View Post
When the bottom fell out of the market, our real estate taxes didn't really go down. The assessment went down, but the government raised the tax rate to keep the tax amount pretty level. And then as assessments have crept up slowly, they have lowered the tax rate.
The only thing that surprises me here is the last five words.
__________________
Shut up and hug. MoreThanPretty, Nov 5, 2008.
Just because I'm nominally polite, does not make me a pussy. Sundae Girl.
ZenGum is offline   Reply With Quote
Old 03-29-2012, 04:45 AM   #325
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Quote:
Originally Posted by Clodfobble View Post
You can't just give someone a house and all of a sudden they're a paragon of civic duty and filial responsibility.
Yes I am.
__________________
The descent of man ~ Nixon, Friedman, Reagan, Trump.
xoxoxoBruce is offline   Reply With Quote
Old 03-29-2012, 07:48 AM   #326
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Quote:
Originally Posted by glatt
The assessment went down, but the government raised the tax rate to keep the tax amount pretty level.
Those bastards!
Clodfobble is offline   Reply With Quote
Old 03-29-2012, 09:54 PM   #327
pastortoy
---
 
Join Date: Feb 2012
Posts: 38
Quote:
Originally Posted by Clodfobble View Post
At this point my dad's property taxes are far, far higher than the mortgage on his house, and when he's ready to retire he'll have no choice but to sell the house because the neighborhood has gotten too nice for him to keep paying the property taxes on it.
How can you ever "own" a house if you have to keep up payments to the government for it? You never really have it free and clear. They call this the American dream?
pastortoy is offline   Reply With Quote
Old 03-29-2012, 10:53 PM   #328
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Taxes are on the property, not the structure upon it.
__________________
"like strapping a pillow on a bull in a china shop" Bullitt
classicman is offline   Reply With Quote
Old 03-29-2012, 11:15 PM   #329
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
Quote:
Originally Posted by classicman View Post
Taxes are on the property, not the structure upon it.
I wish...

Oregon puts separate values on land and it's improvements (e.g.,house)
and bases the taxes on both.
Lamplighter is offline   Reply With Quote
Old 03-30-2012, 11:57 AM   #330
BigV
Goon Squad Leader
 
Join Date: Nov 2004
Location: Seattle
Posts: 27,063
Quote:
Originally Posted by Lamplighter View Post
I wish...

Oregon puts separate values on land and it's improvements (e.g.,house)
and bases the taxes on both.
Same here in Washington.
__________________
Be Just and Fear Not.
BigV is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 07:34 AM.


Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.