NY Times lists Pittsburgh as having some of the most affordable homes in the country as compared to household income. (https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html)chrisms150 t1_j0n82rw wrote
Reply to comment by tesla3by3 in NY Times lists Pittsburgh as having some of the most affordable homes in the country as compared to household income. (https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html) by Far_Room23
Yep, it's bullshit. Just because you paid $5 and a pack of chewing gum for your house in 1950 doesn't mean it's worth that today. Property tax should be on the current value. Otherwise you discourage new people moving in significantly.
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