Quote:
Originally Posted by bc-chris
our place went up about 30% - it's just ridiculous! i'm not a huge 'conspiracy theory' guy, but i'm sure city hall is salivating seeing property values going up so much every year. i honestly don't know how my kids will be able to live in the okanagan when they are adults... becuz i want my house house back! (they won't be living their parents basement!) ha! ha!
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How does property values going up help city hall though? They're still mandated to collect their total property tax goal. Home values just determine how much of the pie you're paying relative to the rest of the city.