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Dickie B from HB · 08-22-2007, 08:22 PM

Hi Dana-

Home appreciation in California over the past thirty years has been beyond amazing. Although we paid $51,000 for our house in 1974, it is worth about one million now. Of course, as I wrote in my previous post, we could have never afforded to keep it had the tax system not changed.

The same thing may happen to lake front property in NH. Maybe you can afford to pay the taxes now, but unless something changes, the future may find that only the rich will be able to afford to live on the lake's edge.

Best regards,
Dick B.

08-22-2007, 08:22 PM	#29
Dickie B from HB Senior Member Join Date: Apr 2005 Posts: 62 Thanks: 9 Thanked 18 Times in 11 Posts	My house value Hi Dana- Home appreciation in California over the past thirty years has been beyond amazing. Although we paid $51,000 for our house in 1974, it is worth about one million now. Of course, as I wrote in my previous post, we could have never afforded to keep it had the tax system not changed. The same thing may happen to lake front property in NH. Maybe you can afford to pay the taxes now, but unless something changes, the future may find that only the rich will be able to afford to live on the lake's edge. Best regards, Dick B.