Sunday, October 28, 2007

Business Friendly?

You buy a house. You live in it for the rest of your life. First, there's the sale price of the house. You pay that. Then, there's the interest on the mortgage, which usually adds up to more than the cost of the house. You also pay that. Finally, there's the taxes on the house which add up to... paying for the house all over again, but never paying it off, the way the mortgage is.

I bought my house in Worcester, partly because it has the lowest residential real estate tax rate, compared to surrounding towns. Any City Councilor who wants to change that will not get my vote.

I prefer living in a town that's run by people who are voter friendly.

0 comments: