| reply to Grumpy
said by Grumpy:I see everyone's point here, but at the same time, we don't know if half these items are people who walked away from their mortgages, closed businesses, or what they are about. I've talked to a few people whose post 9/08 perception of walking away from a mortgage commitment is as blase as "I dropped a penny in a mud puddle, oh well."
The op specifically mentioned 'tax auctions'. I doubt these were closed businesses. In my town, they kicked a 77 year old woman out of her home of some 50 years. I'd be next, were it not for my application of the 2nd Amendment and the fact that our local constabulary values their lives more than my dilapidated piece of real estate. |
 JimCTProbably Pricing PropanePremium
join:2006-01-11
Connecticut
kudos:1 | disconnected, I have the list- it's mostly open space parcels severely in arrears (one with an income generating wireless tower on it), a vacant dry cleaners business, and some where the occupant died and the town is auctioning the property off to satisfy tax debts (and other debts) of the estate. One was burned to the ground before the auctions:
»www.norwichbulletin.com/news/x13···jC9i3cPp
There are some homes that are currently occupied, but that seems to be the exception, not the rule. Most of this looks like investment properties by groups of investors that no taxes have been paid on for years.
How does open space rack up a $20K+ tax bill? One investment company alone on that list has 7 open land parcels in arrears to the tune of $50K+, including that parcel with the cell tower on it. That's someone who collected profits and didn't pay any taxes for years while other residents paid their bills.
That certainly doesn't qualify as taking grandma's house from underneath her.. |
