You should never be taxed out of a paid off house. I’m in Texas and our property tax system was built for 2-3% annual appreciation. It’s been running 3x that or

You should never be taxed out of a paid off house. I’m in Texas and our property tax system was built for 2-3% annual appreciation. It’s been running 3x that or more in many places, for many years now. Also, people living in their home for years, being a part of the community, raising families, etc is not random at all. What’s random is the guy who just shows up one day from another state and decides houses are cheaper here so he can pay $100K over ask.