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Here is some information from the latest Rochester In Focus show, which airs on WHEC, with information about the Golisano Institute, a turkey giveaway and more: https://www.whec.com/top-news/roches...ember-12-2023/
"This week on Rochester in Focus, News10NBC sat down with the first Latino president of the Monroe County Legislature.
Next, learn all about the Rochester Construction Training Center. The founder and vice president discuss what inspired them to create the center, and the value of learning the trade.
Lastly, News10NBC discusses the Urban Suburban Program. The program gives RCSD students an opportunity to attend a suburban school of their choice."
Hmm. They have gained a lot of equity which should be a good thing, right?
Is it equity or an inflated assessment? One lady saw a jump from $25k to $130k in a few years or so, if I’m not mistaken. That is a very huge and sudden jump. So, it may make residents wonder why now? Many times the increases are more incremental versus jumping 6 times higher in a short period of time.
Also, the solution is to contest the assessment, which was mentioned in the 2/11 episode and I’d say to do so as a block/street/neighborhood, as that can give perspective to the pattern of assessment increases. Meaning, are they giving some people a lower rate of increase than others in the same area, as this was something that came up during one of the sessions I saw in Syracuse with a homeowner contesting their assessment.
Another thing that has come up in relation to the Kensington Parkway in Buffalo talk is a moratorium on property taxes, which allow for homeowners to stay in their homes. So, that is another thing to bring to the table.
Last edited by ckhthankgod; 02-18-2024 at 12:25 PM..
Is it equity or an inflated assessment? One lady saw a jump from $25k to $130k in a few years or so, if I’m not mistaken. That is a very huge and sudden jump. So, it may make residents wonder why now? Many times the increases are more incremental versus jumping 6 times higher in a short period of time.
Also, the solution is to contest the assessment, which was mentioned in the 2/11 episode and I’d say to do so as a block/street/neighborhood, as that can give perspective to the pattern of assessment increases. Meaning, are they giving some people a lower rate of increase than others in the same area, as this was something that came up during one of the sessions I saw in Syracuse with a homeowner contesting their assessment.
Another thing that has come up in relation to the Kensington Parkway in Buffalo talk is a moratorium on property taxes, which allow for homeowners to stay in their homes. So, that is another thing to bring to the table.
There's no question that property values have increased dramatically over the past couple of years. It's not only the city. It's everywhere. There's another thread on here about how hot the housing market is, so it should be no surprise. In a fast moving market, prices get inflated rapidly.
You also need to consider that Rochester's neighborhoods have had a lot of infill development. When those houses cost $400,000 to build, and you live on that street, you can expect your taxes to rise. One thing the city could do is stop mandating union wages. That would save a lot on construction.
But once again, the thing that would solve this once and for all is more good paying jobs. Give people dignity and really be able to enjoy your own, unsubsidized home.
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