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May 6, 2019 11:30 am at 11:30 am
#1723567
Ex-CTLawyer
Participant
@lakewhut
You don’t know how it works, you make the false assumption that if more expensive homes are built the value of existing homes will rise and the taxes on the existing homes go up.
I have already explained that a top of the line home can fall in value when much more expensive homes with additional features are built in the same neighborhood.
A rising time doesn’t raise all ships, it sinks some