Washington Post article on FFX Property Assessment

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Washington Post article on FFX Property Assessment

Posted by: SMP ()

Date: February 29, 2008 12:21PM

What's interesting are the comments- a few of them hit the nail on the mark:

"I'm not from the area in this news article, but what I see from this new style of assessing property is it protects the county by making most of the assessment value in the land because no matter what happens to property value (housing), the county will still be able to get their big bucks because they say the value is in the land. Also, as property values for homes returns they will be in good shape to increase their assessments adding it to the homes or structures themselves. It's a win win for the county & the consumer,again, is at their mercy. Disgusting."

THIS is what is really happening..

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