The next shock for homeowners: Surging property tax assessments

submitted by Drewski from cbsnews.com

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[–]iamonlyoneman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

in Texas lots of folks have been seeing their assessments go to the maximum increase every year.

This is crooked. Taxes should be based on what you paid, not some hypothetical value.

[–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Just wait until they want your property. They will devalue it and take it through eminent domain.

[–]iamonlyoneman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Devaluing it by half would still be more than we paid by a lot. This market is bonkers.

[–]Drewski[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

archive.today mirror

[–]IkeConn 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Incumbents will finally become an endangered species when they pull this shit on top of food shortages.