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In reply to the discussion: The Rent is to damn high. [View all]inthewind21
(4,616 posts)32. Not all states
Jack up property taxes every year. In California, they only adjust when the property is sold or improvements are done such as an addition, a solar roof or any "improvement"
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This is why that weird Mortage vs Rennt arguement is so infuriating.
cinematicdiversions
Dec 2021
#4
...to say nothing of maintenance and upgrades. Roofs, toilets, appliances, etc. need
spooky3
Dec 2021
#6
Capital gains in housing mean nothing until you sell, other than higher property taxes
MichMan
Dec 2021
#5
I don't know about your neck of the woods but where I am the increases are capped at 3%
cinematicdiversions
Dec 2021
#7
According to what I could find about Prop 13, it isn't zero; they can go up 2 % a year for inflation
MichMan
Dec 2021
#39
Here you go. Plenty o links. There is some serious cross pollination between rural and enivro orgs
cinematicdiversions
Dec 2021
#15
I am actually pleasantly surprised they are taking a good hard look at growth.
cinematicdiversions
Dec 2021
#18
The problem is you need to build new schools, roads, parks , bike lanes, etc
cinematicdiversions
Dec 2021
#21
These crazy rent hikes being talked about on this thread are illegal here in Sweden and many other
Celerity
Dec 2021
#13
Not everyone is lucky enough to afford home ownership. My husband and I had to downsize
Ziggysmom
May 2022
#44