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  1. #1
    Join Date
    Jul 2005
    Location
    Illinois
    Posts
    3,853
    Quote Originally Posted by mimitabby View Post
    Interesting, my property taxes are about 1800 dollars. my house is worth about $300,000 if you can believe that. the house is about 2000 square feet
    Our taxes here have gotten ridiculous, I have a friend who bought a new 1200 sq ft house in a small "bedroom" community about 10 miles away from town, she paid $114,000 for it three years ago. Her taxes are up to $3000 a year now and she lives in a town with no professional police force or fire dept.! I can't figure out what they're spending the money on???

    Electra Townie 7D

  2. #2
    Join Date
    Nov 2006
    Location
    Illinois
    Posts
    51
    Quote Originally Posted by Queen View Post
    Our taxes here have gotten ridiculous, I have a friend who bought a new 1200 sq ft house in a small "bedroom" community about 10 miles away from town, she paid $114,000 for it three years ago. Her taxes are up to $3000 a year now and she lives in a town with no professional police force or fire dept.! I can't figure out what they're spending the money on???
    Public schools. There is way too much reliance in Illinois on property taxes for school funding.

  3. #3
    Join Date
    Feb 2005
    Location
    Concord, MA
    Posts
    13,394
    Property taxes pay for public schools everywhere in the US. It is the responsibility of the states, which give it to the local districts. I know that everyone complains about taxes, but generally, with schools, you get what you pay for. Education won't be equitable until we have an equitable method to fund our schools...

    I am shocked that some of you pay $700.00 a month for a mortgage. I am "older" than a lot of you and my first mortgage, 27 years ago, in Chandler, AZ (not an expensive place at that time) was that much! You would faint if you knew what my mortgage was here in New England. I think people make choices on what to spend their $ on. When my kids were younger, I wanted them to have certain opportunities that were a stretch for us at the time. But it was worth it. The only debt I have is my house, but for a long time we lived on the edge. It's just a choice me made and I don't regret it.

 

 

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