J.A.S.O.N. Posted March 25, 2007 Share Posted March 25, 2007 Galveston fishing for middle classBy Leigh JonesThe Daily News Published March 25, 2007GALVESTON Link to comment Share on other sites More sharing options...
musicman Posted March 25, 2007 Share Posted March 25, 2007 this is fairly common in quite a few cities. when the area becomes popular, over time prices rise. as prices rise, less can afford them, therefore the lower and middle income are priced out of the market. with the property tax situation as it is, the family may be able to afford the home initially but rising property taxes cause an increase in the overall mortgage long-term which then results in s problems.as for providing "incentives", IMO i don't think that would be effective. Link to comment Share on other sites More sharing options...
TAK Posted March 27, 2007 Share Posted March 27, 2007 incent me. i'll move there.maybe i'll buy a couple of those nice houses in the 'bad' area and fix them up.i was in galveston this weekend... relaxing as always. Link to comment Share on other sites More sharing options...
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