Sorry to hear that, same happened to my area in ~2022, probably likely to happen again soon. Same deal. It's shit, but my friends/family were able to fight it. Basically they were able to bring their own, more realistic, appraisal into court and show the value was significantly lower than was estimated.
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My local government informed me that they assessed the value of my house increased by 61%.
My property taxes are increasing 61%.
This is a tax on unrealized gains.
My income has not increased. I have realized any gain in the value of my house.
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