The City of Richmond is now actively telling residents that qualify, to defer their property tax.

To quell dissent, or to try and encourage long time residents to stay? 

With assessments climbing 30-50% last year,  and an average sf detached price pushing two million, the majority of house owners face the loss of their grant.

Sadly this is going to force more and more long time house owners to sell up, and move out. Not everyone has the ability to pay much higher property tax, nor are they comfortable with adding debt.

Retaining healthy, diverse, viable and livable communities. Not.