2 ms·
>> That is already how property tax works, except in California. Not in Michigan (where Detroir is). The rate of increase on property taxes is capped, so if pr
by phkahler 3y ago
>> That is already how property tax works, except in California.
Not in Michigan (where Detroir is). The rate of increase on property taxes is capped, so if prices go up quickly your tax doesn't. It gets reset to market if you sell.
The most valuable thing you can have for retirement is a home free and clear. Incentives to disrupt that in favor of what others think is a "better use" are very un-American IMHO.