4 ms·
Funny I never thought my neighbors weren't paying their fair share when I bought in. Figured the rule has been there since the 70s and applies to everyone equal
by eweise 3y ago
Funny I never thought my neighbors weren't paying their fair share when I bought in. Figured the rule has been there since the 70s and applies to everyone equally (well except I'm over 55 and can now keep my current tax basis to the next house I buy)
I'll pay taxes on the appreciation when I sell so the government will get theirs.
Should I also only carry a variable rate mortgage so that I pay whatever a new home buyer pays?
Should the government spend whatever they take in even if their costs haven't increased with home values?
Sorry home ownership is not affordable. It hasn't been in California since the late 90s. I threw 20 years of savings at mine so I could have a reasonable mortgage. I actually would be better off financially if I had put that money in the stock market.
Now with remote work, you don't have to live near a work center, opening tons of location possibilities. I wish that happened before I bought.