Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

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Florida homeowners see resale value plunge in multiple cities (www.newsweek.com)

submitted 5 months ago by SeattleRain to c/housing_bubble_2

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[–] Know_not_Scotty_does 14 points 5 months ago (1 children)

Property taxes and municipal utility district fees in Texas are crazy and they go up annually.

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[–] halcyoncmdr 4 points 5 months ago

I was gonna say, it's usually the property taxes that make up a significant part of the difference.

Which in turn also means higher rent charges by landlords, so renting doesn't even really mean you avoid it, it's again just obfuscated in a different payment so you don't see it.

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