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Housing evaluations are very straight forward -- the market is what decides the price. Unless your house is something exotic like a castle or something. Every y
by hungryforcodes 5y ago
Housing evaluations are very straight forward -- the market is what decides the price. Unless your house is something exotic like a castle or something. Every year the city or region you live in has a process to evaluate this value, and then asks you to pay a tax based on this. Generally if you feel the taxation is unfair, you can just sell the house -- if it doubled in value from the year before, according to the market, you'll probably be happy to pocket that profit. Otherwise property taxes are just how it goes when you're a house owner. Also you normally have a year to pay the tax, so there is lots of time to make a decision.
- dnautics 5y ago> Generally if you feel the taxation is unfair, you can just sell the house let's just be clear about what you're saying. It's okay to effectively force people off of their homes that they have built an emotional attachment to. Perhaps their family has lived there for a few generations. They should just take the money and shut up.
- hungryforcodes 5y agoI'm not saying anything. What other options do you have if the city has levied taxes you can't or are not willing to pay?