Tuesday, July 10, 2012

Going against the flow

Just a semi-obligatory assessment note and a mention of an extended letter to the editor today of one homeowner's reaction to the appeals process in Allegheny County: Allegheny's assessment mess: Here's one story about what homeowners are going through

Not meant ad hominum... more just sheer awe, but Mr. Spiegler is setting some record for prolific opination.   If anyone ever needed a blog (says the pot to the kettle that is). That link by the way is for a profile in the Chicago Tribune just last year. A long profile he earned for his extensive letter writing to them. I don't think any local paper ever profiles their own letter writers?? 


So he suggests he may be heading to "peaceful and serene" Peters Township as as result of all of real estate reassessment in Allegheny County.  He ought to wave to the folks coming the other way of late.  Too bad I can't infer causality from correlation the way most do or else I would suggest that maybe the assessment process is responsible for the big turnaround in net migration and population for Allegheny County. Maybe it is a better question how we can be having this truly astounding blip up in local real estate prices right exactly as the assessment process is finishing up.  That PR is for the region of course, but a lot of it is driven by what is happening in Allegheny County.  Go figure.

I also suspect that the author of that piece may find the specific prices in Peters Township of late a bit pricey.  Local real estate prices are indeed entering a brave brave new world.   Learned folks are now telling folks in New York they should try to be like Pittsburgh. .NYT today: Why can't the Bronx be more like Brooklyn.  Seriously, see the Pittsburgh reference in that.  Take that Sienna!   But seriously, it is not your grandfather's Pittsburgh.  WSJ today: A Fading Vision of the Old World.

Toto has been sucked up into the big Isaly's in the sky. 
















2 Comments:

Blogger Caesar said...

That op-ed got my blood pressure up this morning. What would the press due without anecdotal arguments from armchair economists?

Tuesday, July 10, 2012 7:12:00 PM  
Anonymous Anonymous said...

Isn't WashCo also under a court-ordered reassessment?

And hasn't it been since like 1982 since WashCo last reassessed?

So how would a relocation to Peters Township a better option, especially given their almost 100-mill school tax rate?

Wednesday, July 11, 2012 11:48:00 AM  

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