Maybe.

Only 22 million dollars.

 Proclivities wrote: 
That is scary. We've been contemplating quake insurance, but the premiums are ridonculous, huge deductibles, like, 25% of the value of the home. So what's the point?

 BlueHeronDruid wrote: 
I guess if a home were assessed in the mega-millions, and I believe NJ and other states may also figure in the property owners' incomes or other factors when calculating property taxes - so anything is possible - especially given the needs of whatever township it is.  I recently read about how a lot more properties on the NJ and LI shores either can't get flood/disaster insurance or have to pay obscenely high prices for it from entities like Lloyd's Of London.  A lot of that happened along the NC and SC coasts recently as well - there are apparently a lot of now-uninsured properties all along the East Coast.

 Proclivities wrote: 
I remember seeing a property listing prior to the bursting bubble that yes, was $20k/month. Mantoloking. The ocean front homes are multi-million dollar properties, and the township is dealing with some major infrastructure issues, like keeping the barrier island, on which these properties lie, from washing further south. It's highly likely that things have changed with lowered values (after the crash) and reassessments. I'm seeing today that a $9M home's monthly tax burden is just under $4k. So perhaps things have settled down.

 BlueHeronDruid wrote: 
Obviously, it would depend on the assessed value of the property but are you sure they pay $20K a month in property tax in Coastal NJ?  $240K a year in property tax alone?  

Essex County property owners were saddled with the highest (annual) taxes, at an average of $11,550, followed by Bergen County at $11,311 and Union County at $10,821.

Massachusetts has lower property tax rates than NJ, apparently the average yearly amount is less than $3K on Nantucket where the average home value is $2.3M.

700 a year for my property tax. I love Georgia.

 BlueHeronDruid wrote: 
As the crow flies, this one is about 1200 miles (give or take a hundred miles) from either ocean and over 200 miles to the Gulf of Mexico.  Hell, it's not even lake or riverfront (although it is a lovely old neighbourhood).

 islander wrote: 
 helenofjoy wrote:  
No trains, for one.

 BlueHeronDruid wrote: 
Our property tax here isn't even 2k per year.

 Red_Dragon wrote: 
That would be a bargain for ocean-adjacent properties in the Northeast. My sister pays a lot more than that for her little house on Plum Island, MA. There are some homes on the New Joy Sea shore that are paying ten times that/month. Which is why we don't live there.

 islander wrote: 
Well, here in Texas, it's not the infrastructure that gets the funds, but tax cuts to businesses, so the average citizen bears the brunt of supporting the fiscal status quo. It's really fun when they turn public roads into toll roads, so even when you pay taxes that go toward road maintenance (vehicle registration and the like), you have to pay further to get almost anywhere.

 sirdroseph wrote:

 helenofjoy wrote: 




Great! We are teaching ourselves through doing, it is a lot of work and money, but well worth it.

 buzz wrote: 

 Antigone wrote: 

 buzz wrote: 
The horse would be the "kicker" ...

 helenofjoy wrote: 
Sounds like a fine vision...

 helenofjoy wrote: 
I would sign up just to learn how to milk chickens

The house I want today would be a sustainable teaching farm raising, in addition to food, medicinal herbs for wholesale and retail use.  Would like to house workshop attendees and boarding students as well as staff.  Would teach organic sustainable community farming techniques; herbal medicine harvest, use and storage; art with nature, meditation, cooking and healthy living.

Weekend and week-long workshops offered on a work-as-you-learn basis.  
Milk cows and chickens, maybe a horse.