re: #609 irish rose

Apologies if the link to this has already been posted, but good freaking grief!

New England Town Offers Retirees Work to Pay Off Property Taxes

Gag. Me.

Whats cute about the article is the level of taxation. $1400? Ha! In many suburbs of NYC taxes typically range from $12,000-$17,000 a year.

Property is not selling not because of its price but because of its overwhelming tax liability.

You have to budget a QUARTER MILLION DOLLARS in tax liability if you plan a generational household (20 years).