Quote:
Originally Posted by The Yen Man
I don't really understand the outrage in that story. Isn't the assessment being that low a good thing in terms of paying no property taxes? It's like the province is giving those people a break until it can be determined what the next steps are. Assessment value doe not equal property value.
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Yeah I was kinda confused by that as well, the comments about getting "$100-$150 for a garden shed" seem really off the mark. But as Troutman said it's likely anxiety about the future of their homes... but yeah for now I'd be taking the tax break.