Property Tax Heaven

Yeah I live in a state where the property tax burden is shared equally by all of us based on the assessed value of the houses. Lucky for us our houses ain't worth much, so the tax is usually bearable. The municipalities are fiscally conservative so don't blow all their money on crap. As a result, tax increases are minimal. If a senior is priced out of their home due to property tax increases, it is probably because they are undercapitalized and/or hit the housing lottery by living in an area that has gone up in value many many times the county wide average.
 
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