Quote:
Originally Posted by lagoon
Waterfront taxes on the lakes are a real joke, (as if no one knows that already). The surrounding towns know that lake folks by in large do not vote as they are usually not year round. The Mcmansion folks aside, they can afford it, the old non winterized lake homes are disappearing rapidly. Those folks can't keep up with the taxes and then lack of a real voice as well.
Alton lake front taxes ranged from small reductions to over 35% increase in value in one year. This was for comparable properties as well, not old versus new or non winterized versus winterized.
It will not be long before the lake edges will be the non involved ultra rich and the rest will be lower taxed hard working folks who can't even afford to be near the lakes. I believe this will hurt all of the surrounding towns a how they govern.
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Where's that like button?! This is a microcosm of what's happening across America.
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