|
|
The Second Home Boom
listen:
 From the Lakes Region to the Great North Woods, the number of vacation homes in New Hampshire is going through the roof. We’ll look at what’s behind this trend, and how it helps and hurts the locals. Laura is joined by Mel Borrin, President of Preferred Vacation Rentals in Center Harbor, and Russ Thibeault, President of Applied Economic Research in Laconia.
|
Support FromHighlightsNavigationUser login | |||||||||||||
Delicious
Digg
Reddit
Facebook
Google
Yahoo
As I listen to the program this morning, I think we're missing part of the point here. We want people to stay in their homes and not be forced out by taxes. If the NH tax base was something other than real estate, the people who's house is appreciating faster than their income (almost everyone) would not be facing 100% increases in their property taxes. I don't have a second home, but the taxes on my first home have doubled from $2400 in 1993 to $4800 in 2005. I live in Nashua. It must be even a greater precentage for folks living in the north country.