Quote:
Originally Posted by 3rd_gear_Ted
As my Daddy said, there is a reason its called Real Property. There is only a finite amount of it in the world.
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Some fools, once the mortgage is paid, actually think they own their homes. They don't.
The government does. Through zoning laws, the government tells you what you can or can't do with "your" property. Try not paying property taxes for a spell, see how long you're allowed to use "your" property.
The actuality is, you merely rent the place and the government is your landlord.
Those happy over home values skyrocketing won't be so happy when property taxes based on value come due.
That said, we all have to live somewhere. I've never felt joy over the cost of living going up...which is what's happening.