Another Cincinnatian, now living in the Peninsula.
Just to nit-pick one part:
> I'm still concerned. Property taxes have grown beyond reasonable limits.
There is some truth in this, but only because property taxes are a weird beast; a combination of one of the worst taxes (a tax on one's home) and one of the best taxes (the tax on the unimproved value of land).
In a land-poor place (bad neighborhoods in the rust belt, say), the property tax lies mostly on improvements, and tends to hurt the most vulnerable.
However, we see how in a land-rich place (the Bay Area), a crippled property tax, in the form of Prop 13, has devastated the land market.
Well, that's all I have to say about that. Love Cincinnati. Hate the peninsula.
Just to nit-pick one part:
> I'm still concerned. Property taxes have grown beyond reasonable limits.
There is some truth in this, but only because property taxes are a weird beast; a combination of one of the worst taxes (a tax on one's home) and one of the best taxes (the tax on the unimproved value of land).
In a land-poor place (bad neighborhoods in the rust belt, say), the property tax lies mostly on improvements, and tends to hurt the most vulnerable.
However, we see how in a land-rich place (the Bay Area), a crippled property tax, in the form of Prop 13, has devastated the land market.
Well, that's all I have to say about that. Love Cincinnati. Hate the peninsula.