As we await the latest court decision on property reassessments tomorrow, here's something for the talk radio crowd and their brothers-in-arms in the political world whipping up a panic out there. The top map (from Chris Briem of course) in green shows parcels in the city that would see an estimated tax increase of 10% or more after their properties are revalued. The map at bottom in red shows parcels that should see a tax decrease of 10% or more.
Writes Chris of the top map, which has the parcels that radio callers are freaking out over:
Lots to be taken from that map. Does anyone really disagree with dramatic price appreciation over a full decade in the places with the most concentrated potential assessment increases. South Side Flats, Lawrenceville, the edges of Highland Park and East Liberty, Mexican War streets. Kind of writes the story of redevelopment in the city of Pittsburgh we almost universally shout out as a positive story, except now when it comes to taxation. Funny that.
Maps: Chris Briem, Null Space