McJumpington t1_j9sbf6w wrote
Reply to comment by Kered13 in Tables turn on Allegheny County assessments, as new math favors owners over tax collectors, schools by RadioChris1
This ignores housing bubbles though. Also seller prices prices typically increase when there are lower interest rates as their are typically more bidders. Some end up bidding over what the house is worth as a means to have the winning offer.
Both of these situations are unfair to buyers who may end up seeing drastically lower assessments on surrounding properties just months later.
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