reynardhudson.bsky.social
👤 Joined on 17 December 2024
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To clarify, it's not a choice for most mortgage holders, it is a legal requirement to pay taxes and insurance to the servicer along with principal and interest.
Show PostI know you think you're dunking on rich people but the reality of this is that it's actually poor people who have the highest rate of losing their homes to property taxes.
Show PostBelieve it or not, if you’ve paid off your home you are still a member of society and still need to pay for society. Now if you want to ask why homes—the dominant form of wealth among non-rich people—are relatively alone in forms of wealth that are taxed in the US, that is a different question.
Show Post👇🎯💯 That's right. <Then> we'd be getting somewhere.
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