@SERGIOPERERA0@MartaCecilia36 This is true. But sometimes we really hit a grandslam with innovation. Having a deepdish in Chicago now. All other pizzas out to shame.
Here is antidote. I own and live in one of these "starter" homes. I can afford a much larger house. But i won't sell this and put it on the market and buy a more expensivr property. You know why? It is 100% about the tax liability.
I am not the only person in this situation.
You eliminate homestead property tax alltogether, I'll consider putting this home on the market.
Or I will find a county that doesn't threaten my homeownership every year for park improvements
Personal anitdote: i have what some people might call a good "starter" home. Good for a small family that wants to own. I can afford a major upgrade. But i won't. You know why? My property tax will increase way more than i am comfortable with.
I am not the only person in this scenerio.
There is a good chance eliminating homestead property tax open up the market.
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