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City dwellers move into rural areas, complain taxes too high


seicer

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Luxury development may argue property taxes too high

SLC: Hey, if they want to build their sprawling luxury developments in remote areas of West Virginia and destroy small farms and quaint byways, they should be taxed approperiately - like hell. According to the article, land generally sells $3-4,000/acre, but for the Walnut Springs developments, its gone anywhere from $10-100,000/acre. And local neighbors that own farms, etc., can't afford to be taxed on property that is $30-40,000/acre, leading to more foreclosures and more development for out-of-staters.

"Monroe County is largely made up of generations-old small farms. Recently, out-of-state developers have bought land and marketed lots to city dwellers from Washington, D.C., Baltimore and elsewhere."

:cry:

Article information:

"Luxury development may argue property taxes too high

By Tara Tuckwiller

Charleston Gazette

January 21, 2007"

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Luxury development may argue property taxes too high

SLC: Hey, if they want to build their sprawling luxury developments in remote areas of West Virginia and destroy small farms and quaint byways, they should be taxed approperiately - like hell. According to the article, land generally sells $3-4,000/acre, but for the Walnut Springs developments, its gone anywhere from $10-100,000/acre. And local neighbors that own farms, etc., can't afford to be taxed on property that is $30-40,000/acre, leading to more foreclosures and more development for out-of-staters.

"Monroe County is largely made up of generations-old small farms. Recently, out-of-state developers have bought land and marketed lots to city dwellers from Washington, D.C., Baltimore and elsewhere."

:cry:

Article information:

"Luxury development may argue property taxes too high

By Tara Tuckwiller

Charleston Gazette

January 21, 2007"

Link to comment
Share on other sites

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