But that is not too far from the rate of inflation over that time. Today"s dollar buys about what 1970"s dime would buy.
The property taxes I pay now are quite a bit more than 10 times what I paid in 1976, when I got my property. On the other hand, I have lots more development of the ground, so it is not comparing oranges to oranges. I hate to pay taxes, but that is the way my area finances most government services, like schools, the fire department and county government. So I pay them.
A lot of the increase of valuation in my area has come from the FACT that people have sold parcels of land nearby for lots of money. And the fact that neighbors have built large expensive homes makes my area a higher value neighborhood, even though my house is modestly sized and not a bit fancy. I like it here, so I stay.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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