chrismac4u.bsky.social
Guy under a cat
👤 Joined on 07 October 2023
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Reaping [tax escrow lowering the salience of property taxes, allowing for higher rates]: Haha fuck yeah!!! Yes!! Sowing [the salience property tax skyrocketing as people pay off their mortgages]: Well this fucking sucks. What the fuck.
Show PostIt's also problematic that, at least here in Kansas, property taxes are taxed twice a year. So if you own a higher value house you get a bill for few thousand twice a year. It's easier for folks to accept that in monthly mortgage payments. The bigger number shocks them.
Show PostWhen we paid off our house, I remember getting a letter from the mortgage company saying, among other things. "YOU HAVE TO PAY YOUR PROPERTY TAXES YOURSELF NOW." I guess that's not enough for some people?
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