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^^^ agree with the above. Great point, as that is a very big, valid issue. Home values on LI are VERY high (even post bubble) when compared to household incomes.
You're catching on to my point. It's not a property tax rate issue. It's a property-market-value compared to homeowner-income issue.
While it takes a little more effort to see the real problem it won't be until it's correctly defined that anything will be done to resolve it. People on LI seem to have been complaining about property taxes "since the year of the Flood" and where has it gotten anyone? You know what is said about doing the same thing over and over but expecting a different outcome? So, maybe, a different perspective and strategy are required, you think?
As long as the prevailing property tax rate is relatively reasonable, which it generally is for NYS, complaining about the dollar amount isn't going to make a difference with those who are in a position to make an impact; whether it's in Albany or the County Seat.
Let's assume, just for a moment, that the *real* problem is that home prices are too high for prevailing household incomes. And that's what everyone increasingly focuses on. That would change the discussion and the goal. And it would eliminate the contradiction that we want the best school districts but lower paid teachers; we want the safest communities but with lower paid police officers; etc.
I'm sorry you have no equity in your house to "monetize" when you sell it. That's an unfortunate situation and I wish you well on that.
I can see you don't understand what he meant when he said monetize. Lacking education is an unfortunate situation and I wish you well on that.
Oh, so people's homes should be CHEAPER so they won't notice as much when the taxes go up? Or so they can afford to shell out more and more taxes? That kind of reminds me how all the utility companies are trying to teach people to save electricity. Puzzling, what company wants you to use LESS of what they are selling? Answer: companies that want to charge you more and more and hope if you're using less you won't notice as much. Well at least with high property values you get a RETURN on your investment when you sell it. I do not see the advantage of having LOW property values and HIGHER AND HIGHER taxes, except to those living off my taxes. It sure isn't an advantage to a homeowner. I might as well own a home in upstate NY if I want that.
@I Love LI -- I didn't get that from what LI Guy was saying. I thought he was saying "I think the reason that we're talking about teachers' salaries is because we're actually upset that our own salaries don't get us as far as it should."
You're catching on to my point. It's not a property tax rate issue. It's a property-market-value compared to homeowner-income issue.
While it takes a little more effort to see the real problem it won't be until it's correctly defined that anything will be done to resolve it. People on LI seem to have been complaining about property taxes "since the year of the Flood" and where has it gotten anyone? You know what is said about doing the same thing over and over but expecting a different outcome? So, maybe, a different perspective and strategy are required, you think?
As long as the prevailing property tax rate is relatively reasonable, which it generally is for NYS, complaining about the dollar amount isn't going to make a difference with those who are in a position to make an impact; whether it's in Albany or the County Seat.
Let's assume, just for a moment, that the *real* problem is that home prices are too high for prevailing household incomes. And that's what everyone increasingly focuses on. That would change the discussion and the goal. And it would eliminate the contradiction that we want the best school districts but lower paid teachers; we want the safest communities but with lower paid police officers; etc.
I'm sorry you have no equity in your house to "monetize" when you sell it. That's an unfortunate situation and I wish you well on that.
Well put... It touches on what many have been saying for a long time - home "values" when compared to incomes is the overriding issue. Everyone wants to pay the teachers and cops piddly, cut benefits, etc... yet they still want to sell those 30+ year old run down 4/2s for 500k+ because they won't "give it away" or worse, that's what they owe. Stuck.
I can see you don't understand what he meant when he said monetize. Lacking education is an unfortunate situation and I wish you well on that.
Oh, so people's homes should be CHEAPER so they won't notice as much when the taxes go up? Or so they can afford to shell out more and more taxes? That kind of reminds me how all the utility companies are trying to teach people to save electricity. Puzzling, what company wants you to use LESS of what they are selling? Answer: companies that want to charge you more and more and hope if you're using less you won't notice as much. Well at least with high property values you get a RETURN on your investment when you sell it. I do not see the advantage of having LOW property values and HIGHER AND HIGHER taxes, except to those living off my taxes. It sure isn't an advantage to a homeowner. I might as well own a home in upstate NY if I want that.
The big problem that i have with the teaching profession is tenure. It allows bad teachers to keep their jobs. It allows them to take the easy way out and not care after they get it. Now i am not saying all teachers do this, but lets get real- teachers can do anything they want pretty much except abuse/hurt a child and they will keep their jobs... And even in that case they'd most likely be suspended with pay. Teachers should be able to be fired if they suck- plain and simple. If ur a bad employee in the corporate world, u will be let go. Why is the teaching profession exempt to that?
The big problem that i have with the teaching profession is tenure. It allows bad teachers to keep their jobs. It allows them to take the easy way out and not care after they get it. Now i am not saying all teachers do this, but lets get real- teachers can do anything they want pretty much except abuse/hurt a child and they will keep their jobs... And even in that case they'd most likely be suspended with pay. Teachers should be able to be fired if they suck- plain and simple. If ur a bad employee in the corporate world, u will be let go. Why is the teaching profession exempt to that?
Federal and state jobs tend to have due process protections and those can be very cumbersome.
Well put... It touches on what many have been saying for a long time - home "values" when compared to incomes is the overriding issue. Everyone wants to pay the teachers and cops piddly, cut benefits, etc... yet they still want to sell those 30+ year old run down 4/2s for 500k+ because they won't "give it away" or worse, that's what they owe. Stuck.
Taxes as a percentage of household income is the issue, there is no entitlement to put home prices into the discussion, I honestly don't understand the argument. There are retirees that are living in $400K homes paying $10K in school taxes, do you expect them to cash in their homes and downsize to cover compensation of police and teachers. Once again the median income in Nassau and Suffolk is around 50-60K, many of those people are having a tough time covering the tax burden.
I would not be concerned about cops and teachers being paid "piddly"
That's in England. They also don't even mention property taxes, which is what I see to be the big problem on LI, not home prices.
Do you really think such a campaign would get off the ground here ... or anywhere in the USA?
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