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 - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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