I purchased my house at ~260k. It’s now apparently worth ~400k in the market. Now my taxes will continue to rise as the county assessor will continuously increase my tax burden until I meet market value. This is a cost I didn’t ask for.
Your networth went up merely by living in a house you own. This is not evidence of taking on risk.
I’m in a house that I bought at $175k and is now worth $330k. Yes, my taxes are higher. They’re higher because I own a property of higher worth. Using that fact to beat on people who aren’t in that situation makes you a douchebag. Hence the downvotes.
Yes, my taxes are higher. They’re higher because I own a property of higher worth.
And yet you have to pay more taxes that you might not be able to sustain with your actual income. And when you finally make the breakpoint where you can’t sustain it anymore… Then you no longer have a house. Remember a $1000 tax lien on your house can literally take away your 330k house.
Using that fact to beat on people who aren’t in that situation makes you a douchebag. Hence the downvotes.
Those downvotes came before I edited the post to contain all of my text. So no it’s not where it came from. But thanks douchebag.
And as that value rises, I can sell it and live somewhere with a lower cost of living, pocketing the difference. You’re still a douche for complaining about this. Maybe bots follow you because they’re trying to make you go away.
Okay? You’re assuming there is a lower cost of living somewhere to go to, and that you can actually sell at what the “market” value is. Or that the same thing wouldn’t happen again in this new area forcing you to rinse and repeat in “selling” just to downgrade to “pocket” some magical “difference” that you’re actually getting siphoned off of you because of tax increases that people who don’t own property will determine that you owe.
In my personal circumstance I would have to leave my job and move at least 100 miles away to find anything “more affordable” in order to pocket the “difference”. Forget that the 140k “difference” will get heavily eaten into in order to do that.
Your networth went up merely by living in a house you own. This is not evidence of taking on risk.
I’m in a house that I bought at $175k and is now worth $330k. Yes, my taxes are higher. They’re higher because I own a property of higher worth. Using that fact to beat on people who aren’t in that situation makes you a douchebag. Hence the downvotes.
And yet you have to pay more taxes that you might not be able to sustain with your actual income. And when you finally make the breakpoint where you can’t sustain it anymore… Then you no longer have a house. Remember a $1000 tax lien on your house can literally take away your 330k house.
Those downvotes came before I edited the post to contain all of my text. So no it’s not where it came from. But thanks douchebag.
And as that value rises, I can sell it and live somewhere with a lower cost of living, pocketing the difference. You’re still a douche for complaining about this. Maybe bots follow you because they’re trying to make you go away.
Okay? You’re assuming there is a lower cost of living somewhere to go to, and that you can actually sell at what the “market” value is. Or that the same thing wouldn’t happen again in this new area forcing you to rinse and repeat in “selling” just to downgrade to “pocket” some magical “difference” that you’re actually getting siphoned off of you because of tax increases that people who don’t own property will determine that you owe.
In my personal circumstance I would have to leave my job and move at least 100 miles away to find anything “more affordable” in order to pocket the “difference”. Forget that the 140k “difference” will get heavily eaten into in order to do that.
Keep complaining about how much tax you have to pay by becoming richer. I’m sure people struggling to make rent love to hear it.
Lmao. Your a moron if you think I’m rich.