posted on Jan, 8 2015 @ 07:30 AM
a reply to: grandmakdw
You have to wonder just how beat down people can get, how much we can take. I don't see property taxes going down anywhere either even though
thousands of cities and neighborhoods have crashed with this economy. Still have to pay the tax man.
One thing I might add that I have touched on before, in many states you can be poverty level income-wise but if your assets are more than say $30,000
you're not eligible for subsidized medical insurance. They want you to sell the house you maybe have lived in for 20 years and purchased for $40,000
and is all paid for which is now valued around $130,000. It's the chits to be house wealthy. Try taking out a mortgage with low/no income. Just go
sell your place and rent an apartment. Oh, but good luck selling, no one can afford.