NH Advantage is bunk
I bought my property for $89,000 in 1993. Now, the city says it is worth $236,400. My taxes went from $3,200 to $6,800.
This is my share of a number the city manager and the council decided on to meet a budget. And this is not the fault of the city, the city must pay its bills too, I understand that. I want the services the city provides and everything costs more today than yesterday.
But a house isnโt just an investment โ itโs where people live. And this system means you can do everything right, pay off your home, and still get squeezed harder every year.
You donโt truly own something if you can be taxed out of it.
But it is the fault of our legislators for putting most of the cost of government on property owners. Gov. Ayotte is very proud to say, โCome to NH, no income tax, no sales tax and low business taxes!โ What does the โNew Hampshire Advantageโ really do for retirees? It forces us out of our homes. Stop believing the hype, there is no โadvantage.โ
