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How would people get trapped? If the property value is declining they can just get it reappraised and pay an even lower tax rate than what they were expecting w
by erikpukinskis 9y ago
How would people get trapped? If the property value is declining they can just get it reappraised and pay an even lower tax rate than what they were expecting when they bought it. From a tax perspective that should be a windfall for them.