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What worries me is this "we're lucky" sentiment is only temporary. In my situation, if my pay drastically changes due to emerging technologies causing future jo
by bluSCALE4 3y ago
What worries me is this "we're lucky" sentiment is only temporary. In my situation, if my pay drastically changes due to emerging technologies causing future job cuts and order of magnitude competition over jobs, "we're lucky" can turn to "we're worried" in a year and "we're screwed" in 10... if "we're lucky".
Compound that with property taxes: I just heard a neighbors condo's taxes go up from 8k to 18k in a single year.
- lotsofpulp 3y ago> Compound that with property taxes: I just heard a neighbors condo's taxes go up from 8k to 18k in a single year. This must be a special case of not having the correct assessed value, or an error and they are including condo association costs in their property tax. Even at a 3% property tax rate, which very few Americans have, a $10k increase means a $333k increase in assessed value for a condo. 1% to 2% property tax rates are more likely, which would mean a ~$667k increase in assessed value.
- scruple 3y agoIn my own situation, it's gone from "we're blessed" to "our kids generation is fucked" in the span of 5 years.