This is SO IMPORTANT! Seniors who have paid off their mortgages, have to "rent" their home from the county, which assesses the value much in excess of what they paid for it. The property tax is forcing people from their HOMES that are FULLY PAID FOR! The property tax is in excess of rent! They seem to WANT to force people from their homes by confiscatory property taxes!
While other people vote every election for higher property taxes.
Yep it screws people on fixed incomes badly. I used to not believe in gentrification but when you have people selling ranches to tract home developers that is what you get. And Californians paying 10% over asking price of a home to shut down any sort of bidding wars.
This is SO IMPORTANT! Seniors who have paid off their mortgages, have to "rent" their home from the county, which assesses the value much in excess of what they paid for it. The property tax is forcing people from their HOMES that are FULLY PAID FOR! The property tax is in excess of rent! They seem to WANT to force people from their homes by confiscatory property taxes!
While other people vote every election for higher property taxes.
I'm retired and have paid property taxes now for 30 years in this house. House is paid off, but I still have $850/month in property tax.
850? Holy shit.
A MONTH ??!!!!!!
Robbery, pure & simple...
Yep it screws people on fixed incomes badly. I used to not believe in gentrification but when you have people selling ranches to tract home developers that is what you get. And Californians paying 10% over asking price of a home to shut down any sort of bidding wars.