Look up the bond fraud done by town boards and schools. This is their way of jacking up taxes without people complaining. Nobody says anything because their "houses are going up". If the corrupt politicians raised taxes they'd be voted out. Locally, the state funded a portion of school and town hall renovations (still your taxes) while the rest fell on the town. People at it up because they didn't have to pay for all of it and it was for the kids! It's like being able to buy a Ferrari for half off. It's a great deal, but if you can't afford the remaining $250k, you'll go broke. They want it all. You'll own nothing and be happy.
Look up the bond fraud done by town boards and schools. This is their way of jacking up taxes without people complaining. Nobody says anything because their "houses are going up". If the corrupt politicians raised taxes they'd be voted out. Locally, the state funded a portion of school and town hall renovations (still your taxes) while the rest fell on the town. People at it up because they didn't have to pay for all of it and it was for the kids! It's like being able to buy a Ferrari for half off. It's a great deal, but if you can't afford the remaining $250k, you'll go broke. They want it all. You'll own nothing and be happy.
It's a long watch, but if you own a house it's worth an hour of your time. https://www.youtube.com/watch?v=PgAEHnlVFwA