But -- back to the original thread-starter, for the sake of argument -- who will deny that one can be rendered "lakefront poor" by virtue of escalating property assessments and the associated taxes? There are plenty of examples of folks who've been on the Lake for generations, yet who've been forced off in recent years because of skyrocketing property taxes that they simply could not continue to pay.
Is the Lake becoming the exclusive playground/domain of those with "two comma" salaries?
Think back just twenty years ago. What could be had for 100k now costs well over a million in many cases. Is this true where you all live when not on the Lake?
Personally, it's taken nearly 15 years since 1993 for my present home to double in assessed value -- and I live in a rather nice, convenient suburb with excellent schools and full services that is very close to a top-five metro city. We've replaced FIVE schools in the past six years, and my taxes have not even come close to doubling.
Oh yeah, but we have an income tax. And a local earner income tax. And sales tax. IN ADDITION TO property tax.
Just a yardstick -- albeit maybe not a comparable one, but just food for thought.
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