Is there a way to carve out exceptions? Or make changes?
Big problem. Then we can bitch about all the game on private land. mtmuley
I'm sure that talking to was brutal.
taxes on ag land or homes, i think,
Interesting thought - my issue - how do the people living their 8 generations foot the now elevated bill to expand on the neighbors property? Ideas are certainly needed....Ha mine would be quite simple - if your a NR landowner applying for a NR LO elk permit - your property is recreational
and is taxed accordingly. Could be an interesting thread topic....That is a terrible idea for everyone except the landowner. The taxes pay for stuff - teachers, police, firefighters, infrastructure, etc. The prices on those things change over time. That is why taxes are adjusted over time.
if your a NR landowner applying for a NR LO elk permit - your property is recreational
@Elky Welky - any updates? Or is there a place thats best to folllow?
Possibly, but it’s so difficult to figure out something that can’t be end-run. I’ve oft said “show me a rule or law, and I’ll figure a way around it, and if I can’t I’ll find someone who can”.
He was prosecuted
You sound perfect for politics.
What was the fellas name? My interest is peaked.
Can you clarify?
There are already numerous tax structures in place to ensure property gets passed on to heirs, so it wouldn’t be sold. Even if you designed a law to increase the taxable basis not every property is sold every year. At some point you will be telling the teachers and firefighter and police that despite the cost of living increasing there raise will be very small, if anything at all, because there were many sales. Then the snowball starts down the hill. This is why our economy if very much based on real estate and the value of it. The last recent broad-based decline in values almost brought down the entire global economy.
That only happened because of, more or less, degenerate gambling on a massive scale.
And fraud. Don’t forget the massive fraud.
No. It happens because everything is linked together in the financial system and housing is a big part of it. The relative stability of real estate prices is key to the whole thing.
Everything is connected, but the instance you are referencing was specifically caused by massive speculation by everyone from individual investors to multi-billion dollar companies.
Caused by the 1999 repeal of Glass Steagall. Banks did what politicians wanted them to do, so like with most things politicians can be blamed. There were people buying MBS for $0.20/$ that ended up being money good. It's a fine line between downturn and crisis. I'm not sure how we want to measure speculation, but there is as much today's there was then, maybe just in different places. But there is still plenty in housing, and Politicians support it, like they always do, because it's the American dream, I guess.
