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Re: n4807g post# 84514

Wednesday, 10/21/2009 3:23:57 PM

Wednesday, October 21, 2009 3:23:57 PM

Post# of 577842
On Property Taxes in NH

I found this link ranking property taxes by state:

http://articles.moneycentral.msn.com/Taxes/Advice/PropertyTaxesWhereDoesYourStateRank.aspx

Ouch, you guys are getting reamed in NH. I can see why you have a bug about taxes....

I live in Oregon, which state wide is pretty low, but I live in Multnomah County, which is quite expensive! Let me put it this way: I moved just 15 miles away from my first home, and ended up paying 2.5x more property taxes per assessed home dollar in the next county.

Then again, Multnomah does a lot for the City of Portland, including a lot of city expansion, so I'm hoping when the economy does turn around, I live in a part of town that can appreciate in value. Too bad I've already had a nice 35% haircut on the value of my home (still better than some, I guess...). But even so, I pay property taxes on the prior assessed value, not the current market value. frown

It's a bad situation, no doubt. I just try to avoid misplaced blame, and instead look forward to what we need to do to get back on track.

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