Ferdie to Bob

  • Boojferd
    Dear Bob, here are some photos of my life here on the campus of Concordia Seminary. I love kids, working with the grounds crew, swimming, playing with my dog friends, and especially my own family people.
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    « Jake update | Main | The Booj is a Star »

    February 18, 2013



    Probably one of the prime reasons, Illinois continues to lose jobs and population growth has slowed.


    Note California property tax rates are among the lowest in the nation. I see San Francisco ranked #697. The rest I saw were all #500 and higher. One good reason some of our other taxes are a bit higher.

    Diane Meyer

    Right about Illinois for sure.

    Rand, I noticed that about California, would have guessed it was up near the top


    Property Taxes are kept even lower here because once a home is purchased it can not be reassessed without significant remodel.
    It actually leads to amazing inequities. Say a family bought a new home in the 70's for $250K; and the identical house next door is sold more recently for $600K, the owners are paying vastly different Property Tax bills for the same home. This is largely seen as a financial protection for older, retired folks who have lived in their homes a long time. With reassessments the way they had been done prior to 1978 many retired were priced out of their homes by very high property taxes.

    Diane Meyer

    Actually I think Illinois homes are assessed periodically, but I could be wrong. California's system is like NYC rent control.

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