Washington Post and Examiner have recently had articles related to housing inflation. Today's Post article dealt with the problem Habitat for Humanity owners are having with rising property taxes Habitat for Humanity owners are having with rising property taxes. These are caused by the housing inflation.
Yesterday the Post Outlook ran Assess This: Why You Should Stop Whining and Learn to Love the Property Tax by David Runori who is having chat. So much of the recent anti-tax talk seems to like "throwing the baby out with the bath water." The problem is not property taxes but rather housing inflation. While I agree that property taxes are a good tax, I disagree that rising property values are "a good thing." Housing is not an investment like investing in the stock market. Everyone needs a place to call home, not everyone needs to invest in the stock market.