Honestly, I don’t know enough about economics, real estate or taxes to give much weight to my thoughts on this story. I leave it to the viewer and experts to make sense of New York City’s homeowner market. With that said, I read as much of the city’s Finance Department report as I dared for fear of internal bleeding. This report details figures and formulas, assessments and explanations as to why many homeowners will be paying more on less. All may be kosher with everything they stated. I don’t know for sure. But perhaps because of it’s presentation, I was reminded of a quote which reads, “Statistics don’t lie, but people who use them occasionally do.” Take this blog for what it’s worth … or assessed for.
No comments:
Post a Comment