California's Prop. 13
Maximum of 1.3% of the cash selling price with slight annual increase allowances. Value goes up or down, doesn't matter. I know CA makes up for this in MANY other ways.
I still don't think any Govt. entity should be allowed to control the demographics of it's populace by pricing people out of their homes....
When the town leaders get tired of their great unwashed, increase taxes and get the better bathed!
The current value of homes in NH has increased all-across-the-board. An $85,000 shack, valued a few years ago, is worth a lot more today.
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Gary
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