4 ms·

>> Having been able to pay off my house has had the most tremendous postive impact on my mental health I think Agree on that. I own my house with no mortgage s

>> Having been able to pay off my house has had the most tremendous postive impact on my mental health I think Agree on that. I own my house with no mortgage since before the pandemic and it doesn't make much financial sense to pass up a 3% mortgage but it makes mental health sense. Yes, I owe property taxes. Yes, the city could raise them. If I completely stopped paying them today, it would take them a decade to kick me out. It's nice from a mental health perspective to have a 10 year runway to plan your next move.

Borg3 2y ago
Holy shit... That property tax is awfull thing. It should never ever happen. Not to simple people, owning one property, aka home. So much freedom, country of dreams...
- sangnoir 2y ago
  Without property tax, who pays for the infrastructure and first responders? The no taxes, no rules, and no local government services thing was tried many times without success: in one New Hampshire town, they got overran by bears[1] - who could have guessed regulations on trash handling and animal control might be good for something? 1. https://www.vox.com/policy-and-politics/21534416/free-state-project-new-hampshire-libertarians-matthew-hongoltz-hetling https://www.vox.com/policy-and-politics/21534416/free-state-...
  - sangnoir 2y ago
    If I am mistaken, I would appreciate counter-examples of successful towns that engage libertarian praxis. Living off the grid is one thing, but living in a town or city with shared commons is another.
  - fred_is_fred 2y ago
    Somalia tried it also. I don’t see any HN libertarians lining up to move there.
- BobaFloutist 2y ago
  Just wait until you hear what happens if you stop paying rent.
- toomuchtodo 2y ago
  With taxes we buy civilization.
- perilunar 2y ago
  Land tax is better than income tax, accordion to Georgism at least.
fred_is_fred 2y ago
I'm at 2%, no reason to pay extra (and not much left anyway). But I am curious, where do you live that property tax foreclosure is 10 years? Most places do NOT mess around. They sell your liens for 3 years at auction and then you're done. Counties are ruthless in general I've found, especially in some states.

Borg3 2y ago

Holy shit... That property tax is awfull thing. It should never ever happen. Not to simple people, owning one property, aka home. So much freedom, country of dreams...

sangnoir 2y ago
Without property tax, who pays for the infrastructure and first responders? The no taxes, no rules, and no local government services thing was tried many times without success: in one New Hampshire town, they got overran by bears[1] - who could have guessed regulations on trash handling and animal control might be good for something? 1. https://www.vox.com/policy-and-politics/21534416/free-state-project-new-hampshire-libertarians-matthew-hongoltz-hetling https://www.vox.com/policy-and-politics/21534416/free-state-...
- sangnoir 2y ago
  If I am mistaken, I would appreciate counter-examples of successful towns that engage libertarian praxis. Living off the grid is one thing, but living in a town or city with shared commons is another.
- fred_is_fred 2y ago
  Somalia tried it also. I don’t see any HN libertarians lining up to move there.
BobaFloutist 2y ago
Just wait until you hear what happens if you stop paying rent.
toomuchtodo 2y ago
With taxes we buy civilization.
perilunar 2y ago
Land tax is better than income tax, accordion to Georgism at least.

fred_is_fred 2y ago

I'm at 2%, no reason to pay extra (and not much left anyway). But I am curious, where do you live that property tax foreclosure is 10 years? Most places do NOT mess around. They sell your liens for 3 years at auction and then you're done. Counties are ruthless in general I've found, especially in some states.