The Locally Owned Voice of the Capital Region

Comments by 187ballston

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Posted on February 21 at 8:13 p.m. (Suggest removal)

As long as Mr. Rohloff has the cash to move forward I suppose the idea could be entertained. I can't speak specifically for Mechanicville, but I can tell you that the United States has 20 feet of retail space per person allready. That's six times more than any other country in the world, according to National Public Media. The city fathers might want to take a look at the link below. I'm not saying that Mr. Rohloff has a bad idea, I'm saying proceed with caution and reason.

Follow the link below to an article that addresses the plight of malls in the U.S.

From: Mechanicville builder details plans to put up strip mall

Posted on February 16 at 7:38 a.m. (Suggest removal)

I don't know either of these men personally. They are likely both nice men of conviction. Weather each of us shares their particular conviction is open to debate.

I've lived here in NY all my life. What I've noticed, since becoming a homeowner a couple of decades ago is the shell game that is played here with taxes.

Federal taxes have indeed gone down over the years. That action caused the Federal government to reduce the amount of aid that it sends to the states. Here in NY, our State government provides many services to it's people that are not provided elswhere in the country. Things like services for the disabled, enhanced education services, services for the elderly. Many people come to live in New York from other parts of the nation to avail themselves of these generous services. These services all cost vast sums of money. Some of that money used to come from the Federal government. Not so much anymore.

So what has happened? The property tax in New York continues to increase...rapidly. State Medicaid requirements are funded through the property tax and education is largely funded through property taxes as well.

In my experience in New York it's a zero sum game at best. As my Federal income tax has decreased slightly my property taxes have skyrocketed.

End result? I pay more taxes in total, the lower the Federal tax rates go. I lose.

What has Mr. Tedisco done in his years in the Assembly to address this serious problem? What does Mr. Murphy propose?

Are you listening gentleman?

From: 'Mickey Mouse' federal pork

Posted on January 28 at 7:36 a.m. (Suggest removal)

I have to chuckle at Ms. Bettini's comment in the final paragraph of your article.

There is a beautiful home a few doors down from us that is currently listed in the mid $300,000 range. It sold for (and carrys a tax assessment of) $475,000.00 a few years back. I know of another home that is listed for a comparable discount in the neighborhood. These homes, by the way, have been on the market for one to two years respectively with "no bites" acccording to one owner I spoke with.

I was a marketing manager for a major US corporation for three decades until I retired a few years back. I can speak from volumes of experience.

A person can list a home for whatever price they wish. The only actual measure of the worth of that home is the price that a willing buyer will pay. Right now I see many homes listed at high prices but they don't appear to be selling. That tells me that the pricing is just wishful thinking, or the denial of new economic realities.

I wish it were not so but things are not as rosy as some in the business of selling real estate would have you believe.

With the new economy we face there is a lot of overpriced real estate in the area. This is why Ms. Bellini mentioned the lack of activity in the market. In order to understand this you really have to look in to the statistics.

From: Region's 2008 home sales slump to lowest point in eight years

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