My aunt paid off her house in 2011.
Threw a party. Cried happy tears. Said she finally owned something in this world.
Property taxes were $3,200 a year back then.
Today they’re $9,800.
HOA went from $180 a month to $440.
Homeowners insurance doubled after the storms in her area.
She’s 71 on a fixed income writing three checks every month on a house she already paid for.
She told me last week she’s thinking about selling.
The house she spent 30 years paying off.
The house she cried over.
Because she can’t afford to stay in something she owns.
You never really own it.
You just run out of people to pay and find new ones.
I got laid off yesterday from a job I really liked, for people I really liked. Just a reminder that you’re disposable as soon as they decide you are. Stop working late. Stop reading emails after hours. Stop working on weekends. A job is income to live your life, not your life.
My mom paid off her house in 2003.
Thought that was it. Thought she was done. Thought it was finally hers.
Property taxes were $1,800 a year back then.
She’s retired now. Fixed income. Same house. Same neighborhood.
Property taxes are $24,000 a year.
That’s $2,000 a month.
On a house she already paid for.
She’s 71 years old and the government sends her a bill every year just to stay in her own home.
You never really own anything in America.
You just make payments to a different landlord.
Luxuries we forget that are luxuries:
1. Your mom still around
2. Hot water
3. Feeling healthy
4. Peace of mind & heart
5. Perfect weather days
6. Good food
7. Bills paid
8. Reliable transportation
The middle class is the most expensive place to live, and no one talks about it. Lower income households get assistance. The wealthy use tax strategies and loopholes. But the middle class pays full taxes, full tuition, full healthcare, full everything. So you work 50 hours a week just to stay in the same place and fund everyone’s life except yours.