A liberal's "Aw Sh@t" Moment

[The Flipside 0]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

No offense man, but you have no clue what you are talking about in re to appraisals. Has this happened in the past? Yes. Any idiot USED to could appriase the value of a house over 100% of its real market value. Now? Not so much. There are tight regulations now on how appraisals are figured and used, and just the real estate market/loans in general. Most coming from Dodd Frank. If you were saying this about 15-18 years ago when the housing bubble was in full bloom, you may have a point. A lot goes into an appraisal now - mainly market trends and recent sell values of similar homes nearby (for existing homes such as this lady's). Its far from arbitrary like you are claiming.

And county appraisals - recently - have been lower than bank appraisals for loans. And bank appraisals now are pretty spot on due to aforementioned regulations. Simply put...it sounds like she has been caught by the law of supply and demand which in this case, the demand is apparently pretty high.

Source: I work in the financial industry and see/deal with this on a daily basis.

[TexasTiger 14,068]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

No offense man, but you have no clue what you are talking about in re to appraisals. Has this happened in the past? Yes. Any idiot USED to could appriase the value of a house over 100% of its real market value. Now? Not so much. There are tight regulations now on how appraisals are figured and used, and just the real estate market/loans in general. Most coming from Dodd Frank. If you were saying this about 15-18 years ago when the housing bubble was in full bloom, you may have a point. A lot goes into an appraisal now - mainly market trends and recent sell values of similar homes nearby (for existing homes such as this lady's). Its far from arbitrary like you are claiming.

Source: I work in the financial industry and see/deal with this on a daily basis.

Where do you live?

[The Flipside 0]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

No offense man, but you have no clue what you are talking about in re to appraisals. Has this happened in the past? Yes. Any idiot USED to could appriase the value of a house over 100% of its real market value. Now? Not so much. There are tight regulations now on how appraisals are figured and used, and just the real estate market/loans in general. Most coming from Dodd Frank. If you were saying this about 15-18 years ago when the housing bubble was in full bloom, you may have a point. A lot goes into an appraisal now - mainly market trends and recent sell values of similar homes nearby (for existing homes such as this lady's). Its far from arbitrary like you are claiming.

Source: I work in the financial industry and see/deal with this on a daily basis.

Where do you live?

Not at all relevant.

[TexasTiger 14,068]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

No offense man, but you have no clue what you are talking about in re to appraisals. Has this happened in the past? Yes. Any idiot USED to could appriase the value of a house over 100% of its real market value. Now? Not so much. There are tight regulations now on how appraisals are figured and used, and just the real estate market/loans in general. Most coming from Dodd Frank. If you were saying this about 15-18 years ago when the housing bubble was in full bloom, you may have a point. A lot goes into an appraisal now - mainly market trends and recent sell values of similar homes nearby (for existing homes such as this lady's). Its far from arbitrary like you are claiming.

Source: I work in the financial industry and see/deal with this on a daily basis.

Where do you live?

Not at all relevant.

Well, I'm amazed you're this ignorant, no matter where you live. I'm not talking about appraisals to finance homes. I'm talking about tax appraisals. And in the case of this woman's neighborhood the home values have more than doubled in the last 8 years. Great if you're selling, but if you're paying taxes it doesn't provide you with any extra money to pay them. And after years of paying taxes on inflated home values, as people did before the last bubble, after it collapses, your supposed accumulated wealth you were taxed on is gone before you can realize it. Lousy system for funding government.

[Tigermike 3,657]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

NO you are missing the point. The higher appraisals are a result of the amenities paid for by the higher taxes. They put it in and demand for property increased. Is she short sighted? Obviously. And it seems all the newly monied libs don't mind paying the prices to live there and could care less who has to move. I think that would be called supply and demand, wouldn't it?

[TexasTiger 14,068]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

NO you are missing the point. The higher appraisals are a result of the amenities paid for by the highet taxes. They put it in and demand for property increased. Is she short sighted? Obviously. And it seems all the newly monied libs don't mind paying the prices to live there and could care less who has to move. I think that would be called supply and demand, wouldn't it?

I'm familiar with the area she lives in, are you? The appraisals didn't double because she voted to support the schools. It isn't mostly families with kids moving into this area. Your making general assumptions about this market.

[Tigermike 3,657]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

NO you are missing the point. The higher appraisals are a result of the amenities paid for by the highet taxes. They put it in and demand for property increased. Is she short sighted? Obviously. And it seems all the newly monied libs don't mind paying the prices to live there and could care less who has to move. I think that would be called supply and demand, wouldn't it?

I'm familiar with the area she lives in, are you? The appraisals didn't double because she voted to support the schools. Your making general assumptions about this market.

The appraisals doubled becsuse of high demand and limited supply. They voted the taxes to pay for amenities which I'm assuming they got. Appraisals are a fair or reasonable estimation of value in any given market. If the market was crap I would assume property values and taxes would be lower. Also if she thinks the tax appraisal on her home is out of line, she can appeal.

[Tigermike 3,657]

I wish my property value quadruple over a few years. :)/>

Wish mine did, too. I'm not that attached to it. But if I was, I would hate to be taxed into selling.

It's called progress.... I guess.

Surprisingly the progressives aren't happy with it.

The "Conservatives " here think government should have the unlimited power to raise taxes dramatically year after year through appraisals-- even if it means doubling the tax base in 8 years.

NO the conservatives don't. They observed that the libs voted legally for what they wanted then whine about the consequences.

They didn't observe that-- they blindly ignored the most relevant issue, the appraisals, and focused on what they wanted to whine about. Maybe out of ignorance or sheer inability to understand basic facts, or maybe out of blind ideology. They seem to suffer from all three.

NO you are missing the point. The higher appraisals are a result of the amenities paid for by the highet taxes. They put it in and demand for property increased. Is she short sighted? Obviously. And it seems all the newly monied libs don't mind paying the prices to live there and could care less who has to move. I think that would be called supply and demand, wouldn't it?

I'm familiar with the area she lives in, are you? The appraisals didn't double because she voted to support the schools. Your making general assumptions about this market.

The appraisals doubled becsuse of high demand and limited supply. They voted the taxes to pay for amenities which I'm assuming they got. Appraisals are a fair or reasonable estimation of value in any given market. If the market was crap I would assume property values and taxes would be lower. Also if she thinks the tax appraisal on her home is out of line, she can appeal.

[homersapien 12,172]

It's all the fault of "newly moneyed libs".

(Conservatives don't like amenities I suppose.)

[autigeremt 7,131]

Equally at fault.

[TheBlueVue 177]

It's all the fault of "newly moneyed libs".

(Conservatives don't like amenities I suppose.)

Are you suggesting Austin has any conservatives in it? Seriously, it is easily the most liberal city in Texas, which admittedly, wouldn't take much but the fact is, Austin is a city dominated by liberal policy makers elected by a liberal populace .

[AUFAN78 4,130]

I have no further thoughts on this matter.................................

[icanthearyou 4,468]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

[AUFAN78 4,130]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

OK I lied! I do have another thought.......that there was funny itch.

[TheBlueVue 177]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

OK I lied! I do have another thought.......that there was funny itch.

Dont forget their light rail system which, presumably, is their version of MARTA. For a town that small..roughly 850K that seems a little indulgent to me

[homersapien 12,172]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

OK I lied! I do have another thought.......that there was funny itch.

Dont forget their light rail system which, presumably, is their version of MARTA. For a town that small..roughly 850K that seems a little indulgent to me

Yeah, public transportation. What socialists. It's downright un-American. It's a wonder those property values haven't declined.

[autigeremt 7,131]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

OK I lied! I do have another thought.......that there was funny itch.

Dont forget their light rail system which, presumably, is their version of MARTA. For a town that small..roughly 850K that seems a little indulgent to me

Yeah, public transportation. What socialists. It's downright un-American. It's a wonder those property values haven't declined.

Adds to the carbon footprint.

[homersapien 12,172]

It's all the fault of "newly moneyed libs".

(Conservatives don't like amenities I suppose.)

Are you suggesting Austin has any conservatives in it? Seriously, it is easily the most liberal city in Texas, which admittedly, wouldn't take much but the fact is, Austin is a city dominated by liberal policy makers elected by a liberal populace .

Well, there you have it. Liberal policies increase the value of your property.

[Tigermike 3,657]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

OK I lied! I do have another thought.......that there was funny itch.

Dont forget their light rail system which, presumably, is their version of MARTA. For a town that small..roughly 850K that seems a little indulgent to me

The light rail system was built to bring their maids in. Now they don't have to leave sanctuary. :-\

[TexasTiger 14,068]

It's all the fault of "newly moneyed libs". :rolleyes:/> :laugh:/>

(Conservatives don't like amenities I suppose.)

Are you suggesting Austin has any conservatives in it? Seriously, it is easily the most liberal city in Texas, which admittedly, wouldn't take much but the fact is, Austin is a city dominated by liberal policy makers elected by a liberal populace .

Well, there you have it. Liberal policies increase the value of your property. :big:/>

Liberal policies produce wealth.

[Tigermike 3,657]

It's all the fault of "newly moneyed libs". :rolleyes:/> :laugh:/>

(Conservatives don't like amenities I suppose.)

Are you suggesting Austin has any conservatives in it? Seriously, it is easily the most liberal city in Texas, which admittedly, wouldn't take much but the fact is, Austin is a city dominated by liberal policy makers elected by a liberal populace .

Well, there you have it. Liberal policies increase the value of your property. :big:/>

Liberal policies produce wealth.

And liberals whine about it.

[japantiger 4,104]

It's all the fault of "newly moneyed libs".

(Conservatives don't like amenities I suppose.)

Are you suggesting Austin has any conservatives in it? Seriously, it is easily the most liberal city in Texas, which admittedly, wouldn't take much but the fact is, Austin is a city dominated by liberal policy makers elected by a liberal populace .

It's funny that the Libs on here think tax rates can only go one direction. If property values rise; then there is a simple solution to keep tax payments the same...cut the tax rate.

Instead; property values rose; and the citizens allowed the rate to stay the same, thus driving up the taxes they owed....all the while incomes in the US and in Austin were flat....so this lady that is complaining let the tax rates stay the same as her property values rose; and then to make it worse she voted increases in rates...seriously guys...she's stupid twice...

Property taxes are the most discretionary form of taxes; the citizen can exercise the greatest control over the tax bill they pay. They just have to be willing to do the work necessary to manage them.

[TheBlueVue 177]

That's just what you get for "votin for ever new school, park, and liberry. Stupid libtards.

If you're gonna vote for every capitol improvement that is proposed, you cannot whine when taxes go up. Seems you and those like you wish to focus on being turds about the improvements and that's not the issue. Read the thread, the issue is the taxes the lady doesn't want to pay. I have to agree, however, it is a bit stupid or at least quite naive to think you can undertake every improvement that can be imagined and expect taxes not to ramp up to cover their costs.

I get it though, I really do. Governmental fiscal responsibility is as foreign to a democrat as sound foreign policy is so, I expect you boys to act the way you do.

[TexasTiger 14,068]

Light rail everywhere!! Let's all get rich!

[japantiger 4,104]

Austin's light rail serves a whopping 2,500 riders per day...at a cost that is 6x what it promised when bonds were passed. Austin has had to cut bus routes and put that money into the train system; even-though buses were more effective at reaching riders...so mass transit participation is actually down. They are now proposing to spend $1b on the next expansion and have rejected the only route plan that connected population centers to work-place corridors...a regular UT Hippie paradise....