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‘My Property Tax Went From $15K to a Life-Altering $91K a Year’
(www.yahoo.com)
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this post was submitted on 15 May 2025
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A Boring Dystopia
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The alternative is banks hoarding real state without any need to rent it out or sell it soon. They can just wait until prices get higher.
That's why in most countries people pay way less property taxes in the house they live in.
maybe there is a middle ground? tax for the 3rd owned land, and increasing for any additional ones?