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What do you think happens in most other states with normal property taxes? Do you think people just continuously get pushed out of their homes because of local
by spamizbad 6y ago
What do you think happens in most other states with normal property taxes? Do you think people just continuously get pushed out of their homes because of local taxes?
It's pretty rare even in extremely high property tax counties like Cook and DuPage here in Illinois.
- doyouevensunbro 6y agoI have known it to happen to friend’s parents that live in New Jersey, as their pension didn’t keep up with the property tax increases. But New Jersey is notorious for their property tax. I mean, Prop 13 passed specifically because seniors were losing their homes. But in this case the cure was worse than the disease.
- giantg2 6y agoPeople in PA get pushed out of homes due to the tax too. It's especially common among seniors in high cost areas like Delaware county. Paying $5k-10k every year perpetually just seems outrageous to me. (I don't make a silicon valley wage)
- SubuSS 6y agoI am (not American) trying to see how framing this as getting pushed out of your house is better than saying 'being able to sell your house for a huge gain' is better. Yes this means folks will have to move, but again as cities grow and shape themselves, is it even the same place people have in mind that they started in? May be my attitude is colored by my immigrant status though - I was willing to pack up and move, so trying to understand what makes people sticky.
- Ericson2314 6y agoYou are right, the bias is with these frontier-minded Americans that cannot see land as a collective good, and selling with a huge profit no hardship.