blandfordforever@lemm.ee 3 days ago
If his math is right, and assuming that his property tax is about 1-2% of his home’s value per year, then the value of his home has increased about 15-30x the original value.
Its hard to be sympathetic.
blandfordforever@lemm.ee 3 days ago
If his math is right, and assuming that his property tax is about 1-2% of his home’s value per year, then the value of his home has increased about 15-30x the original value.
Its hard to be sympathetic.
LordKitsuna@lemmy.world 3 days ago
It’s difficult to be sympathetic because you are viewing the property as an asset financially. And not as a place to live, he likely does not give a shit that it’s appreciated and value because he has absolutely no intention whatsoever of selling and he plans to live there till he dies and that’s how housing should be viewed
HasturInYellow@lemmy.world 3 days ago
Thank you. Not everything in life is an asset to be leveraged to prop up your own position above those around you.
This psychotic way of thinking has led us to this sorry state. And I don’t just mean the USA.
blandfordforever@lemm.ee 3 days ago
I agree with your sentement but sometimes places become gentrified and the original inhabitants can no longer afford to live there.
I’m not saying that it’s good or the way things should be but it is a reality.