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You're going to be in a big surprise when your property tax bill comes to mostly fund trillion dollar public retirement pension accounts. Property taxes of typ
by delbel 11y ago
You're going to be in a big surprise when your property tax bill comes to mostly fund trillion dollar public retirement pension accounts. Property taxes of typical city can run up to $200 or $400 a month.
- OneOneOneOne 11y agoRent will increase to reflect that change.
- log_n 11y agoBut when you rent you have the option to move to another city if you don't like how your tax dollars are being managed. Especially when you are retired/unemployed and thus don't have to worry about living close to your job. You don't even have to move far necessarily depending on the type of tax you are trying to avoid.
- vonmoltke 11y agoMoving is a very disruptive life change, becoming more disruptive the longer you have been at your current location. It isn't something to be undertaken lightly, so it would probably take a significant move in property taxes to induce one to move.
- subsection1h 11y agoMoving isn't very disruptive for me. Since 1995 I've moved once every couple of years and have lived in 6 states and 12 cities. Working remotely has made this super easy.
- OneOneOneOne 11y agoSounds like fun. Not trying to be nosy but did you make the move with children? (How did you help them adjust?)
- vonmoltke 11y agoFirst, you are the exception. Second, moving frequently actually makes it less disruptive to a point because you are not sinking deep roots in one particular area.
- bane 11y agoAmazingly, when you own property, you can sell it and also move to another city.
- mfringel 11y agoI'm curious... how many times have you moved because you felt your tax dollars weren't managed appropriately?
- Domenic_S 11y agoWhy would someone who's ostensibly been paying property tax for 30 years suddenly be surprised on the 31st year?
- vbezhenar 11y agoDepends on country, I guess. In Kazakhstan I pay $10 taxes for my house per year and around $50 per month for all bills. Not that much.
- OneOneOneOne 11y agoReally!?! That seems pretty low. Is there a different rate if you live in your house? Even though I don't like property taxes I think that without fewer individuals would own their house in the US since corporate ownership of houses would have a lower cost.