0015 Women In Real Estate Investing

danley-genetors

Wall Street Journal

S&P Nears Settlement on Real-Estate Bond Ratings
Wall Street Journal
Standard & Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, according to people familiar with the matter. The proposed deal, which involves six commercial real-estate ...
S&P nears settlement on real-estate bond ratings: WSJReuters
S&P's Nears Settlement With Regulators On Real-Estate Bond Ratings : WSJRTT News

all 9 news articles »

While house hunting, I found a dream home. However, the house had a high property tax rate. When I asked the real estate agent why the rate was high, she told me about religious "camps" in the county which built neighborhoods within them for their members. Their members live property tax free.

Mon, 10 Sep 2012 11:31:55 -0700

These camps are owned by a religious group. Entire neighborhoods have been built in these camps. MANY people are living there and according to this real estate agent, no one on this property pays property taxes. Because these people don't pay taxes, the surrounding neighbors have to pay more taxes to make up the difference.

The house I'm looking at has over $12k in property tax, and it's only valued at roughly $170k. Neighboring properties pay the same (one was at $10k, the other was at $11k).

Can religious groups really get away with this?

Links: http://www.riverreporter.com/issues/04-08-26/head3-relations.html (thanks to sandflea)

EDIT: I removed any indication of which religious group owns this land to prevent this thread from becoming a bash-fest against a particular religious group.

submitted by ch-dev to atheism
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