Reassessments just came in the mail, and people are ticked.
Can’t blame them. They’re commenting on social media like crazy about having done zippo on their land and properties, only to see values skyrocket.
Problem: The good citizens will grumble on chat sites, and that will be the end of it. They won’t complain or seek action anywhere else.
Get ready for the bureacrat-ese and excuses.
My favorite of course: It’s the state’s fault.
UPDATE: A small group of folks on the chat site think these outrageous increases (one as high as $116,000) are hunky dory, that it’s only fair that values are back up to what they were before the housing crisis hit.
Sad to say but in Franklin there’s a a sizeable faction that sits back and takes it. Still others don’t even realize when they’re being screwed.
Again, there’s a feeling that assessments should go up if market values are increasing. That’s the way it should work, right?
Well here’s a lengthy but very interesting piece of investigative journalism demonstrating that despite the housing woes years ago, assessments went up in Wisconsin even though values went down.
You see, they will find a way to fleece you no matter what.
Of course you can always appeal. Yeh, right. And you’re going to win the next Powerball, too.
Incidentally, for the small group of property owners who have taken the Kool-Aid and believe the higher values will automatically result in similar prices if/when they decide to sell, guess again. It’s not guaranteed. Here’s a ReMax flyer we received in the mail today:
Some got what they wanted, but not all.
Seller: Don’t pop the champagne corks based on your love note from Franklin City Hall.