Nashville residents protest rising home values, demand action from mayor
FOX NASHVILLE
[{'start': '0.320', 'end': '4.000', 'text': 'Katie, thank you. Dozens of people'}, {'start': '2.000', 'end': '6.560', 'text': 'taking to the streets today with signs'}, {'start': '4.000', 'end': '8.800', 'text': 'in hand protesting the rising cost of'}, {'start': '6.560', 'end': '11.920', 'text': 'living here in Nashville. You hear them.'}, {'start': '8.800', 'end': '14.080', 'text': 'Property values now up an average of 45%'}, {'start': '11.920', 'end': '16.480', 'text': 'and these folks fear that that will have'}, {'start': '14.080', 'end': '18.400', 'text': 'them paying higher taxes and they are'}, {'start': '16.480', 'end': '20.160', 'text': 'probably right. It is an issue that'}, {'start': '18.400', 'end': '22.160', 'text': 'National Mayor Freddy Oonnell addressed'}, {'start': '20.160', 'end': '25.039', 'text': 'today during his state of the metro'}, {'start': '22.160', 'end': '27.119', 'text': 'address. Fox 17 News Hope Salmon here in'}, {'start': '25.039', 'end': '30.000', 'text': 'studio now to explain how the mayor is'}, {'start': '27.119', 'end': '33.280', 'text': 'promising to reduce the pain by reducing'}, {'start': '30.000', 'end': '35.040', 'text': 'the tax rate. Just a few hours ago, the'}, {'start': '33.280', 'end': '36.880', 'text': 'sidewalks outside of Nashville Public'}, {'start': '35.040', 'end': '38.320', 'text': 'Library downtown were filled with people'}, {'start': '36.880', 'end': '40.320', 'text': 'letting the mayor know if things'}, {'start': '38.320', 'end': '43.680', 'text': "continue, they won't be able to afford"}, {'start': '40.320', 'end': '45.840', 'text': 'to live in the city much longer. No new'}, {'start': '43.680', 'end': '47.600', 'text': 'taxes. Nashvilleians have been property'}, {'start': '45.840', 'end': '50.960', 'text': 'taxed to death. The median home in'}, {'start': '47.600', 'end': '53.199', 'text': 'Davidson County is now 45% more valuable'}, {'start': '50.960', 'end': '55.199', 'text': 'than it was when it was last appraised.'}, {'start': '53.199', 'end': '57.280', 'text': 'This will mean increased cost even if'}, {'start': '55.199', 'end': '59.640', 'text': 'city leaders drop the overall property'}, {'start': '57.280', 'end': '62.239', 'text': 'tax rate lower than what it was in the'}, {'start': '59.640', 'end': '64.400', 'text': '70s. City leaders say inflation and'}, {'start': '62.239', 'end': '66.960', 'text': 'shrinking federal support have stretched'}, {'start': '64.400', 'end': '69.600', 'text': 'resources. From schools to sanitation,'}, {'start': '66.960', 'end': '71.680', 'text': 'the cost of core services is rising.'}, {'start': '69.600', 'end': '73.439', 'text': 'Building schools, patching potholes,'}, {'start': '71.680', 'end': '76.000', 'text': 'picking up trash, and keeping people'}, {'start': '73.439', 'end': '77.840', 'text': 'safe are all more expensive. Still, not'}, {'start': '76.000', 'end': '80.400', 'text': 'everyone is convinced that the city is'}, {'start': '77.840', 'end': '82.320', 'text': 'spending responsibly. This is an never-'}, {'start': '80.400', 'end': '83.840', 'text': 'ending problem for the city because the'}, {'start': '82.320', 'end': '85.439', 'text': 'mayor and the city council do not know'}, {'start': '83.840', 'end': '87.040', 'text': 'how to control their spending. So, they'}, {'start': '85.439', 'end': '89.119', 'text': 'come to us, they treat us like a piggy'}, {'start': '87.040', 'end': '90.880', 'text': "bank, and we're tired of it. Pamela Fur,"}, {'start': '89.119', 'end': '93.600', 'text': 'a Nashville resident, says her house'}, {'start': '90.880', 'end': '96.640', 'text': 'appraisal spiked. Some seeing jumps of a'}, {'start': '93.600', 'end': '98.079', 'text': '100,000 or more. We are not the ATM. If'}, {'start': '96.640', 'end': '101.400', 'text': "if you look at it this way, if it's"}, {'start': '98.079', 'end': '103.680', 'text': 'going to go up 30% and you had it go up'}, {'start': '101.400', 'end': '105.000', 'text': '34% just three and a half years ago,'}, {'start': '103.680', 'end': '107.680', 'text': "that's"}, {'start': '105.000', 'end': '110.159', 'text': '64% that your property taxes have gone'}, {'start': '107.680', 'end': '112.960', 'text': 'up in less than 5 years. And the city'}, {'start': '110.159', 'end': '115.200', 'text': 'admits tax policy can be tough to'}, {'start': '112.960', 'end': '117.759', 'text': "explain. I know it's complicated talking"}, {'start': '115.200', 'end': '120.320', 'text': 'about appraisals equalization and the'}, {'start': '117.759', 'end': '122.479', 'text': 'impact on tax, especially because we'}, {'start': '120.320', 'end': '124.079', 'text': 'know two things are true at once. The'}, {'start': '122.479', 'end': '129.439', 'text': 'most recent property tax increase in'}, {'start': '124.079', 'end': '129.439', 'text': 'Nashville was in 2020 with a 34% hike.'}]