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Forced to sell is quite ridiculous he could take out a small loan against the increased property value without having to sell. He would lose less money from the
by TimPC 4y ago
Forced to sell is quite ridiculous he could take out a small loan against the increased property value without having to sell. He would lose less money from the loan than the unrealized gain on the property even if he paid the increase in property taxes this way for 50 years. The idea that homeowners need to maintain 100% ownership of their home no matter what their finances are and no matter how much their home goes up is a bad one.