Why are there so many condos being built in Amherst? Real simple - they get tax breaks. I'll give you an example: a "condo" in Brompton Hgts recently sold for 500K. The "assessed" value of that property is 208K - a difference of 300k. That's 300k of property tax not paid. So who does pay it? All the other taxpayers in Amherst. The developers in Amherst sell their condos by telling the buyers that while they'll pay $500k for their condo, they rest of the town taxpayers will subsidize their mortgage payments by reducing the tax liability on the property. Not bad eh? Is is any wonder your taxes are going up ? Look around and see how many "condos" are being built. The newest one on Sheridan Dr will really put it to the Amherst taxpayers. And what will our esteemed Super do ? NOTHING!