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Clipped from Connolly's post:
<"Another thing: Carol Becker does not say as much but I
still think she objects to the phraseology "jacking
up".>
It is not possible for the Assessor to "jack up" your assessment. State law
requires that assessments be close to the actual sales in a city. If the
City falls below that mandated ratio, you lose Local Government Aid.
Because of that, assessments are a reflection of actual real estate sales.
If your property values are going up, it is because the market for real
estate is increasing.
Clip from Connolly
<"There are all sorts of way to jack up. Rarely is it so
blatant as an assessor standing on the corner with a
clipboard and a calculator.
Jacking up could be demolishing 6000 units of housing
over a decade while your population is growing by
14,300. Voila!" >
State of the City 1992 found 177,227 housing units. This included 76,811
single family homes and 56,761 in buildings with +5 units. In the 1999
State of the City, there were 177,569 units, with 77,660 single family
homes, with 58,855 in buildings with +5 units. It is inaccurate to imply
that there has been a loss of 6,000 housing units and thus imply a scarcity
being created by the demolition of housing units.
Carol Becker
Longfellow
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