Comments on: Random tidbits from the Elmbrook money race http://norunnyeggs.com/2007/03/random-tidbits-from-the-elmbrook-money-race/ The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think. Wed, 16 May 2012 12:23:39 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: dad29 http://norunnyeggs.com/2007/03/random-tidbits-from-the-elmbrook-money-race/comment-page-1/#comment-32778 dad29 Wed, 28 Mar 2007 14:08:14 +0000 http://norunnyeggs.com/?p=891#comment-32778 For years, Realtors have preached that "better schools" mean "higher home prices." That's true. However, the Realtors have forgotten that "better schools" is NOT the equivalent of "big new buildings." Worse, as taxes increase, property values will decrease (home purchase prices are a function of cash-flow.) So the Realtors are peddling half-truth, and are not really concerned about maximizing property values any more. 'Tis a puzzlement... For years, Realtors have preached that “better schools” mean “higher home prices.”

That’s true.

However, the Realtors have forgotten that “better schools” is NOT the equivalent of “big new buildings.”

Worse, as taxes increase, property values will decrease (home purchase prices are a function of cash-flow.)

So the Realtors are peddling half-truth, and are not really concerned about maximizing property values any more.

‘Tis a puzzlement…

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