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Originally Posted by Cell I don't know about the other states/cities but here in Chicago, the cost of real estate has dropped but our real estate taxes are still going

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Old 04-25-2011, 12:07 PM   #11 (permalink)
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Originally Posted by Cell View Post
I don't know about the other states/cities but here in Chicago, the cost of real estate has dropped but our real estate taxes are still going up. It's up 150-200% since the last appraisal and the last appraisal before that was increased by 300%...
You expected your taxes to go down even though your property is worth less??? My only hope is that the value of my house goes to 0.00 - no matter what rate you tax that at you should get 0.00 in taxes. I could then afford $5/gallon gas.
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