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Chetzemoka ,

Where the fuck is the property tax rate 15%?? Highest in the US is still less than 3%.

www.rocketmortgage.com/…/property-taxes-by-state

I faced this exact scenario. I bought my house in Nov 2019 - right before the giant pandemic price increase. It’s gained $200,000 in value and my property taxes went up by $200/month. Which at my income level is not an absurd burden.

I don’t think we should have owner occupied exemptions on property tax, and I’m happy to pay my share of that tax to keep my city functioning. I DO think we should have burdensome sales/transfer taxes on non-occupying owners.

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