NY Times lists Pittsburgh as having some of the most affordable homes in the country as compared to household income. (https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html)dingurth1 t1_j0j16xx wrote
Reply to comment by betucsonan in NY Times lists Pittsburgh as having some of the most affordable homes in the country as compared to household income. (https://www.nytimes.com/2022/12/15/realestate/where-are-the-most-and-least-affordable-homes.html) by Far_Room23
I think a lot of people don't consider it up front just because many people don't know how money works or what questions to ask or things to consider/investigate. I don't blame them since financial literacy or navigating local laws isn't something we prioritize in our education system.
Like you see these posts about how people suddenly can't afford their homes because the school districts reassessed and now they're paying more in taxes. When people post the numbers though, the reassessment values still line up with the documented tax rates I've seen.
tesla3by3 t1_j0ltqb7 wrote
Agreed on this, but part of the problem is people rely on things like the online listings that show "estimated taxes" based on current assessment. Realtors should be upfront about the likelihood of the School District appealing, and tell the client to be prepared to pay the tax on what you paid for the property.
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