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Because of the rising tax rate relative to income. Ours is projected to increase to about 20% of our net income. That's why. So yeah nice on paper that the hou
by LikeBeans 10mo ago
Because of the rising tax rate relative to income. Ours is projected to increase to about 20% of our net income. That's why.
So yeah nice on paper that the house is worth a lot more than we bought it... but that value matters if we sell and move. There is a lot more to that decision than just the property tax, however it sort of putting a time limit to it.
- aprilthird2021 10mo agoThanks for clarifying. I guess I thought 20% of net income is not that high for housing costs...