Comment on ‘My Property Tax Went From $15K to a Life-Altering $91K a Year’
3abas@lemm.ee 3 days agoAre you okay?
If your single family home is worth $4 million, that is the market telling you that that single family home should not exist.
Right, an unsustainable bubble, I said that. This boomer family bought a reasonably sized and priced house that’s on the edge of the city, and now they’re forced to sell it and not be able to replace it with a bigger home on their budget in the same part of town, they didn’t fuck things up Zillow did!
The gen z family who buys today won’t be about to upsize tomorrow, and you’re gonna blame them.
grue@lemmy.world 3 days ago
The fuck-up was by the city, which failed to abolish the single-family zoning in order to allow the land to be developed to its highest and best use.