nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8spz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmc5s45ym

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.

It's an aggressive strategy, but if you HELOC out the equity and invest it you'll outrun you interest and property taxes. The Government MUST hold rates down and run inflation hot to make it out alive.

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