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Paying a property tax of 2% in the state of Texas for example on a home valued at 750k will cost you in upwards of over a million dollars over 40 years.

Take your gooberments, put them on their knees, and bleed them into the streets.

Seriously, contemplating moving to an island where property tax is not a thing. There aren't too many countries that do, but if you were going to have a home base, it would be nice to be sovereign at the least.

Real estate is literally one of the biggest shitcoins known to man

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Discussion

Yarnlady 🧶 6mo ago

Our goal is to not have a dwelling. Have a bad ass tiny house that's not a "permanent structure". And foster bees for an ag exemption.

atyh 6mo ago

youre a clever egg 🙂

Yarnlady 🧶 6mo ago

Trying to un-learn all the things we were taught, raising the next generation to think differently. Gradually then suddenly.

atyh 6mo ago

id hug you awkwardly right now, i agree so much.

Yarnlady 🧶 6mo ago

Lol, I take all hugs 🫂🫂.

It's hard in normie land, but we talk to the kid about all the things we wish we'd done differently and frequently refer to him as our time machine because he can do them the first time through. I just hope a fraction of it sticks 🤞🤞

🥚 6mo ago

I'd like to read some of the wisdom you're sharing with him.

Yarnlady 🧶 6mo ago

Teaching him about inflation, involving the government as little as possible, and privacy. Tuttle Twins has some great episodes that help make sense of some of this, we'll watch an episode and talk about the topic a bit more.

Basically your dollars aren't worth anything, they keep printing more and that causes so many far reching problems.

James Butler Hickok 6mo ago 💬 1

I sold all my real estate except the one I live in and I had all my wealth in RE at one point.

Once I understood Bitcoin I knew real estate as an investment was living on borrowed time.

Rare trophy properties will still be valuable but govs will take them from you one way or the other.

OFFGRID 6mo ago

🙌🏼

curt finch 6mo ago 💬 1

Islands suck

You have to import everything, especially energy

OFFGRID 6mo ago 💬 2

I produce energy.

.. have a little bit of redundancy and import once. Been offgrid for 11 years. I lived in Hawaii for about six months, Oahu, My biggest problem was everybody I met was leaving.

curt finch 6mo ago

I love Oahu but I've only ever been a tourist there

Fotoart 6mo ago

😎

halima 6mo ago 💬 1

I don't believe in owning a home. Rent only and invest the rest.

OFFGRID 6mo ago

True cheat code

halima 6mo ago

Imagine being geographically stuck to wherever you own a place. That's a long term commitment and contractual obligation I don't want.