Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 3 months agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldimagemessage-square307fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldMickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 3 months agomessage-square307fedilink
minus-squareJustin@lemmy.jlh.namelinkfedilinkarrow-up0·edit-23 months agothe sign says that property tax each year is a third of his original house cost. Assume he lives in a place with insane 15% property tax: x*0.15*3=1 x=3*6 x=18 His house is worth 18x or more what he paid to build it.
the sign says that property tax each year is a third of his original house cost. Assume he lives in a place with insane 15% property tax:
x*0.15*3=1
x=3*6
x=18
His house is worth 18x or more what he paid to build it.