Talk of The Villages Florida - View Single Post - It's Time to Roll Back the 25% Sumter County Tax Increase!
Thread: It's Time to Roll Back the 25% Sumter County Tax Increase!
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Old 12-29-2020, 12:03 PM
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dewilson58 dewilson58 is offline
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Originally Posted by Reedpanos@gmail.com View Post
Our home prices are artificially depressed due to the thousands of new homes being sold by the developer at prices undercut by the 25% tax increase. Putting the increase in the impact fee on new home buyers increases both new homes and by market pressure existing home prices. That helps everyone except the developer.

"artificially depressed" ..................... my home as increased over 10% per year. not too depressed.


The Developer would LOVE to have taxes cut. They pay millions in property taxes every year. Increase the impact fee on new homes will not cost the Developer a dime. The fee will just be added onto the price of the new house.
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