There is a lot of talk going around about how counties pay for growth and whether new revenue streams (transfer tax, impact fees, etc.) are needed, especially in my home county of Wake.
Then I read today that the Town of Cary has bought up 45 acres of prime real estate for $6.5 million to "preserve the land" for a open space and a park.
Every parcel of land snatched up and held by government is property that does not generate any tax revenue. So when all those people complaining about not having enough money to pay for growth come to raid the equity in your home when you sell, just think about how much land is taken off the market and "preserved" each year. As the tax base dwindles, those who do pay taxes will be required to pay more.