This happened in Real Estate while you were not looking!

[@ScottB]

I had a house built in Cape Coral Florida. Taxes increased to over $10,000 per year. I went to the tax office and they reduced it to over $8,000 per year. When I started making house payments in 1982 , a house payment was around $1,000 per month. Now the taxes are almost that high.

[@macknumber9]

A simple 2 letter word would all stop this in a heartbeat. The word no. If everyone collectively said "no" to taxes and we were united then they couldnt do a thing...

[@billp4]

You mean all those people wearing masks and lining up for the V?

[@torsten6777]

And then all schools shut down, no more police, etc and we would be just like a third world country that has nothing to offer.

[@craftsmanctfl3493]

That’s called Communism.

[@secretagentcat]

@@craftsmanctfl3493 blah blah blah. people will get fed up at some point,, communism is a buzzword at this point

[@mrmixitup6128]

​@@craftsmanctfl3493Not paying confiscatory tax rates is communist? No

[@jamesb.armstrong5433]

No one is going to do anything because when it comes down to it no one will stick together.

[@macknumber9]

Divide and conquer is their number 1 mission...it's a 24/7 operation AKA "mainstream news"

[@OleensEmbroidery]

crooked politicians. All politics start local. Stay informed.

[@joegreen6578]

Sad but true

[@nicolasbenson009]

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

[@sharonwinson-m8g]

I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential May rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?

[@TinaJames222]

If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

[@tatianastarcic]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

[@Vincent-j8u]

I’m intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?

[@tatianastarcic]

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

[@realestatephotovideoshawns1177]

We are living in the most disgusting time in the past hundred years

[@macknumber9]

If this was 1776 a lot of people would be dead. A LOT

[@dmo848]

Yeah u can say that again. Try being a young 30yr old trying to make something for yourself. You can't unless you have help and I mean another partner or parents kicking in money. It's hard to try n get by now. I've never seen it this hard in my life. Jus life in general is freaking really hard with everything so damn expensive. I'm already a cheap person. I can't get much cheaper without stealing but that's not built into me.

[@ghanna7787]

The great depression was worse than it is today.

[@torsten6777]

No, we have more luxury than ever before. 50 years ago the average house was only 1200sqft and a family of 5 living there, today it’s 2,600sqft, family of 3 with 2 cars, multiple color tvs, cellphones, health insurance, internet, luxurious vacations, $8 Starbucks drinks, cars with 350hp engines, air conditioning, etc etc. Life has never been this good in all of history!

[@earthlingcarnivore605]

They print paper,you believe it's a real money then you using them as money . You being Scammed

[@fw1421]

Local governments are too greedy when it comes to property taxes. They go by perceived property values. The owner can’t benefit from the home until he sells it. The city wants that value NOW! This is happening all over America. And it’s affecting retirees hugely.

[@angelafarrell-aimetti7775]

No more new vehicles to be taxed on. No home improvement permits!!!!

[@lizhoward9754]

No people are greedy. They expect something for nothing and then people start whining because their taxes are too high. If you really want low taxes and expect nothing in return, move to Mississippi or Alabama. But don’t whine about crime or congested roads or bad schools unless you are willing to pay for it.

[@angelafarrell-aimetti7775]

@@lizhoward9754 We are getting everything that you just described plus high taxes in everything here in ct.

[@cindyjohnson9783]

It's everywhere across the USA

[@mikeo.750]

The unrealized gain tax will be on real estate, investments and what ever else Cackles feels necessary. 😂

[@ExecuteBrandon]

Cackles can’t change tax law.

[@Dee_Znutz_00]

​@@ExecuteBrandonKameltoe works for the Federal Reserve. All politicians do. They can do whatever they want.

[@Mixtonebaby]

we need to be vocal and involved in our local municipalities

[@sallyho146]

Agreed. We need to audit our government how they are spending our taxpayers money given the outcomes the taxpayers got.

[@kellifarrah4061]

I have been asking myself why arent we (the people) fighting back!!!! We need to band together & not let this happen!!!

[@aylmer666]

Taxes are just going to go up on everything forever until the people stop paying.

[@angelafarrell-aimetti7775]

No new vehicles to be taxed on!!! No home improvement permits!!!! This is a place to start anyway

[@whynot5716]

Sellers will find it very difficult to find buyers. Why would anybody want to buy into a tax trap like this? Where the heck are legislative reps to stop this??

[@TheTamrock2007]

They will find buyers. Corporate buyers. Remember their end goal is for us to rent. You will own nothing and be happy

[@bradbradshaw-i4n]

i bought a house in northern michigan 3 years ago, the taxes were 900. as soon as i bought it the taxes went to 2700.

[@angelafarrell-aimetti7775]

Do not buy any new vehicles. No more home improvement permits!!!!!

[@davidcobb464]

I'm wondering if the people who lived there were retired. I know that my parents house in Michigan was $5000 and there was some rule for older people. The next family that moved in paid about $15,000.

[@Matt-YT]

Did you vote?!

[@bradbradshaw-i4n]

@@davidcobb464 i'm retired. i sold the house and the people who bought it pay more than i did. on top of that when you sell a house in michigan you have to pay an extra .5 percent tax.

[@davidcobb464]

@bradbradshaw-i4n OK. I asked my dad what he was going to do with the house, and he rolled his eyes and said, "You don't want to pay the property taxes."

[@DavidSagala-vs7yf]

We, as a society, are screwed

[@handl3869]

Ukraine and Isreal say thanks for the welfare.

[@billp4]

Property tax has a way of never going down even if the value of the house goes down.

[@mikelohmeyer4140]

I also blame the real estate companies not giving a buyer the truth of what's coming if you buy a house that someone is already owned for 40 years. The taxes could triple or even more

[@angelafarrell-aimetti7775]

The agents are only thinking about the sale and their commission!

[@relsba]

I purchased my home here in FL 25 years ago. Coming from PA, I had no idea the taxes were not what the seller was paying. Fortunately I was informed by a friend to file for homestead status right away.

[@mikedrabek9733]

My property taxes higher than my mortgage payment. 😤

[@chadesh]

same here

[@mariab8711]

😳

[@dmo848]

1500 a year in Ocala Florida in an acre of property 😁 best my family has ever seen. We used to rent. We bought our own house and plopped it on the acre with a well n septic. 120k it all costed

[@torsten6777]

Easy fix, get a bigger mortgage!

[@angelafarrell-aimetti7775]

Do not buy any new vehicles!!!! No home improvement permits!!!!

[@nitrofan917]

Pure Greed and Corruption!

[@FirsteMann1929]

💯

[@Matt-YT]

People are voting for this!

[@antareschen4451]

Meanwhile I’m dealing with ridiculous HOA in Phoenix

[@4000angels]

Another great video. Please keep it up!

[@crisdenn]

We cannot thank you enough for getting the truth out there! Keep speaking it!

[@jcoolman4854]

My property taxes went from 7k to 11k a year in one shot. And that's in Newark NJ. It's very bad.

[@eliot5220]

Wow. Your taxes is more than my mortgage.

[@RobertHostetler-u6e]

My grandparents once told me they paid more in property taxes over the course of 35 years than they originally paid for the house in the 1960s.

[@sassylady2001]

A state law needs to be put in place to stop those property tax increases. When I lived in California 40 years ago when Republicans were in control, we passed proposition 13 that froze taxes or limited the raises. In Alabama, our county has passed rules that if seniors sign a particular document, they can freeze their taxes for the future. If the assessments lower and the taxes go down, they can unfreeze the taxes and then resign documents to freeze it at the lower rates. God bless Alabama. We also have homestead exemption. We also have a law/rule where if your income is a certain level you don't have to pay property taxes that year. When I retired my income dropped so much the property tax office called and told me they think there was an error in my tax return due to a massive decrease in my income taxes. I informed them that I had retired and my income was drastically reduced. I showed them my 1040 tax return and they accepted it and I haven't had to pay property tax since...but you have to have income and income taxes below a certain level to be relieved of paying property tax in my county.

[@1971_Chevelle_SS]

I’m from Alabama and retired in 2020 and hadn’t heard anything about property tax breaks based on income. I’d be interested in finding out more info about that.

[@michaelwoehl8822]

The Florida real estate catastrophe, from condos to houses owners are being hit from all sides with bills that are mindboggling. YOU GET WHAT YOU VOTE FOR. This is not the federal government it is the Florida legislature and the governor. They are making you all pay for their mistakes.

[@darrenlane6316]

Yep, Good Ol' Boy Gub'nor Mo'Ron DeClueless is attempting to build golf courses and hotels in our State Parks, he's trying to dismantle the Florida Sunshine Law and he's screwing around with education, hiring Ben Sasse as an inefficient leader at UF!!!

[@rikarozayyy4011]

I agree! Florida is a red state! The governors stated that they won’t even talk about the condo crisis until after the election! Because those big real estate corporation donates to them! This is sad!

[@80sgyrl82]

I bought in 2023, non fancy neighborhood in Miami, might as well say, in a high crime area. Received tax bill this week, $7,000, with the homestead exemption. Actively, searching for a part-time job. I foresee, in about 4 or 5 years, I'll have to sell. They keep moving the goal post. Got cha 😡.

[@angelafarrell-aimetti7775]

This is disgusting!!! No new vehicles to be taxed on. No home improvement permits!!!

[@jasoncapecod]

in the northeast expect to pay 20k on a 600k house if you live anywhere near a major city....this is not a dem or rep issue..its effecting everyone

[@billp4]

affecting

[@Donfrasl]

Lol we bought a 230k home in florida in 2021 and had a $1080 a month mortgage amd now our mortgage is $1800 a month currently.

[@dustyflair]

in approx 2011 we had a mort for $70,000. It was $700 a month, $350 of that went to the mort and $350 went into excrow for taxes and insrance. By 2022 the payment was $1300, $350 going to the mort and the rest to taxes and insurance. We paid the house off and told the bank and big insurance to FO.

[@Donfrasl]

@@dustyflair that's crazy. Just wrong

[@larrynusbaum9193]

GOP in Florida not looking out for you and never was. Otherwise they would have protected you.

[@choco.es.unlimited]

You're being protected by not having another surfside

[@pokermongoes1447]

Since I have lived in my house for a long time my taxes can only go up 3% per year. But, insurance is killing me 7.5K per year. It's crazy.

[@craftsmanctfl3493]

It’s either pay it or move. Those are the options.

[@kimmyk1]

I agree my taxes are almost 7k

[@pinschrunner]

WRONG. THE ASSESSED VALUE OF YOUR HOME CAN ONLY GO IP BY 3% BUT THE MILLAGE RATE CAN GO SKY HIGH RESULTING IN UNLIMITED TAX INCREASES POTENTIALLY. DONT TURN YOUR BACK ON THE ASSESSORS

[@brookstooson598]

When rich people are able to undervalue their property, the taxes will be collected from others. Taxes are always collected. The Question is who's gonna pay?

[@FranciszekPawal]

I’m a new dad, I moved closer to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[@simone_maya]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@AnkurYo]

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

[@AadhilaEesha]

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year.

[@FranciszekPawal]

this is all new to me, where do I find a fiduciary, can you recommend any?

[@AadhilaEesha]

The decision on when to pick an Adviser is a very personal one. I take guidance from ‘ Jennifer Mackimm Wesley ‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@dave1956]

I remember when my wife and I built a house in the 80’s. Estimated taxes were what was escrowed. In early December we took an expensive trip. While we were gone the tax bill arrived. The actual taxes were 30% from what was estimated. I had to borrow the money and thought how stupid I was to take that expensive trip. In my present home the assessed value has increased by 30% in each of the last two years. I live in Wisconsin. We have always been known as a state with expensive real estate taxes.

[@johnpick8336]

Our local County and Municipal governments are very wasteful. Job #1 for governments is to increase the size of their governments.

[@angelafarrell-aimetti7775]

You are not wrong about this!!

[@cudiving2150]

New home buyers are looking at taxes paid by previous owners at a value the previous owners bought their homes at. Increased Florida home prices, show increased value. Taxes will obviously go up. Think before buying.

[@livingthedream923]

Exactly. It’s their own fault. It’s also their own fault if they don’t get their homestead exemption right away.

[@Daoistify]

When one buys a house taxes are based on the sales price not on the taxes at the time of purchase. Buyers need to get that information prior to purchase. It’s a no brainer.

[@Dennis0824]

The taxes are based on assessed value. The assessed value is based upon the aggregate sales of properties in the county over the prior year. When buying a home in Florida, always check to see if the seller has a homestead exemption (tax increases limited to 4% per year) and how long the seller has owned the property. If the owner has lived there for 40 years, it is prudent to assume that the property taxes will be 2% of the sale price. It will likely be somewhat less so you are likely to pleasantly surprised rather than shocked.

[@RD22]

I love your content bro! Keep up the good work.

[@nitha609]

This happened to my kid. Her mortgage went from $2200 to $2700 so she’s now trying to sell.

[@Lifesurfer001-iq7nf]

I have a 1700 square foot house in Orlando and I pay $7k a year in taxes and CDD.

[@Truknup]

1700 sqf says nothing about the value …tax is not determined by sqf but value … what’s the value I’ll let you know if it’s justified or not

[@Zinctwentyone]

They removed geo arbitrage; they are currently doing it between foreign countries and USA also. Now FL taxes are almost the same as NY taxes, where a decade ago it was 10x less.

[@Lifesurfer001-iq7nf]

@@Truknup Nearly all single family homes in Orlando are $400k and up. Excluding the bad areas. It’s usually around a $1k per $100k of value just about. I don’t know the exact mill rate.

[@angelafarrell-aimetti7775]

@@TruknupI believe you could be wrong about the sq footage and value

[@Lifesurfer001-iq7nf]

I live in the house and pay taxes on it. I know how much I pay in taxes on my house. And I know how big my house is as well.

[@melaniegentry4813]

Why do you have VP Harris in your title pic? Property taxes are local. Start paying attention to local elections.

[@JM-ww3xi]

Because Kamala Harris Plan To Tax Unrealized Capital Gains, which he talks about

[@scottchildress6392]

Because she’s going to fix it! Cackle Cackle!😂

[@CC_2000-z5t]

Republicans run Florida. Republicans are responsible for the tax regime in Florida. Yes this content “creator” has to put the Vice President (?) on his thumbnail because he just can’t quit MAGA, apparently.

[@bc8142-t1e]

Because she is wanting to tax unrealized gains which he touches on in the video

[@dewayne4986wilson]

Cause it's happening everywhere?...u Will own nothing and u will be happy . Mmmmmmmm

[@figuefer1]

You are absolutely right, you mentioned everything like you knew my story.

[@donquique1]

I used onwell to fight my house tax assessment. Worth it.

[@jcombs5495]

Life in America every since JB got in office has gotten ridiculous. Harris will be worse.

[@raymond-i2v]

Back in 2007, during my time working in real estate, I witnessed people purchasing newly built homes from builders with the plan to sell them before the closing of escrow to another buyer for a profit. The crash hit hard and fast, and I vividly recall many of these units ending up foreclosed upon, with the builder's plastic still covering the carpets.

[@Fred-w7t]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@commonsense6967]

Buyer's market incoming...

[@Callmeback28]

I clicked on another video while I was driving. Trying to find your video again I found it had to subscribe

[@cecilarollroll]

Yak, you are accurate in your assessment. Everything is expensive. You will own nothing and be happy, WEF!!

[@aantosca]

Southern New Hampshire example: 3 bed 2 bath, 2,354 sq ft (including an ADU) --> 2021 tax: $5,126 --> Reassessment 2022 --> 2022 tax: $7,514 --> 2023 tax: $8,371 --> 2024 Tax: $8,780 JUST the property tax bill on my home is now MORE than the monthly Mortgage bill (Principal, Interest, Tax, Insurance) when I bought it in 1987

[@jackwilson3121]

I am a senior & live in Iowa, my property taxes when down 10% for next year ,

[@LuisaBester]

Thank you for all this wonderful information; trusting the Lord to get us through

[@jerimahjohnson8698]

Dude I love the little box with you in it... facial expressions are priceless.... Any mahi around?

[@Kevin19700]

This reminds me of the “MBS” situation in 2008. Mortgage Backed Securities were rampant with very little “oversight”. Well we all know how that turned out. This is a similar scenario!

[@michelleTaylor-gs5cn]

Just happened to me Thanks for explaining

[@graphicsprincess]

Shouldn't Ron Ron DeSantis photo be the thumbnail instead 🤔 😅?

[@davidcobb464]

Nailed it!

[@found_treasures831]

People need to do their due diligence. I never bought or sold property in Florida, but even I know that when purchasing a homesteaded house in FL, your property tax will be going up substantially. Look up the assessed value along with the tax rate and do the math.

[@linhaton4957]

Totally agree. However, first time home buyers probably don’t know this. Their realtor won’t tell them.

[@truthseeker4446]

This is the great reset…. “You will own nothing and be happy”

[@BREEZYM6015]

I bought a townhome in Las Vegas in the fall of 2023. It was built in 1996 so I hope that my property taxes don't go up too much.

[@annoulaz8284]

12:35 yes, this will drive investors out of the market, which is point. Another proposal coming from the hill is to waive capital gains tax for sellers that are selling to primary residence home buyers, rather than investors.

[@mphil3051]

Vote for the guy who wants to reduce taxes and reduce spending, etc. Vote economy not emotions.......

[@nancyling8976]

Florida has a homestead exemption for primary home owners It keeps taxes at I think 3% more per year

[@FRANCISCOGARCIA-rt3uz]

If they do not increase the assessed value, then they may increase the mill rate. As a owner, you will never win😢

[@angelafarrell-aimetti7775]

No new vehicles to be taxed on!!! No home improvement permits either!!!!!

[@karmeng2773]

I agree 100 percent. It is sickening. And the realtor was working for their own interests. Got ghosted and now have to replace critical appliances, and issues.

[@robb1865]

Market values are up due to years of artificially suppressed interest rates. Then on top of that the Fed poured on a nice topping of a 60% increase in the money supply. That is all money created since 1776. Now the dollar is weaker, inflation is up and that has been reflected in RE prices. Taxes are up because taxing authorities do not change their millage rates. They have pensions for first responders, etc. etc.

[@Jackknife-TV]

Our county and state elected a Democrat governor / commissioner ..... Guess what my property tax went from $2,200 a year to $7,800 a year starting this January 😒 ......a town house in a super small coal Town in the middle of nowhere .... It's on a tiny lot no poll no huge upgrades nothing..... 🤔 I'm almost wondering if they're trying to push everyone out through tax liens and sheriff sales so the New Yorkers moving in can buy them up.....

[@linhaton4957]

You are correct in everything you are saying. We all need to educate the younger people.

[@skswig1]

Florida should have raised it's Homestead exemption years ago. It should be triple what it is.

[@sarsarsvintagejewelry]

Texas property taxes are insanely high. I will pay $13k this year.

[@evangelistaivanbaez4571]

It happen to me at the mid of 2019 I bought my first house. Closed to a year bank sent me a check with escrow money said that they miscalculate and I have that money send it . I expend that money. After 3 months later I received a phone call from the bank saying that they miscalculated escrow and now I own 5,500.00. I have two option paying the full amount or add to my house mortgage payment. Thanks God I had a good financial situation and I can take care. But imagine if I was in a fix income. I will loose my house. Now I learn a good lesson to not repeat the same situation.

[@GoRed2024]

very informative, thank you.

[@craftsmanctfl3493]

If you haven’t filed for your homestead exemption, you have only yourself to blame.

[@queengoddesshope]

I must've had a hunch. I sold my c300 in April for profit and figured uber was cheaper. It does force you to stay local or stay home more. However, I'm thankful to not have the insurance expense.

[@pinschrunner]

And if you don't file for homestead exemption right away and Florida when you do file your homestead exemption will be based on that base value that the house is valued out at that point

[@Jerry-zj7hx]

Time to TAR n FEATHER!

[@sputnik94115]

Thank God for Prop 13 in California. I bought my condo in 1985 and the max legal percentage it can be reassessed each year is 2%. And there are idiots here who are trying to get rid of it. It's a lifesaver for retirees.

[@freebird1473]

Thank you for your info , Moved to Alabama a year ,but I do not like it , due to almost completely remodeling this house , just fed up

[@josephrizzoiii]

You are spot on. It's time to remove the municipality from the equation, and it can be done. Time for the allodial title to return.

[@angelafarrell-aimetti7775]

“Push Back”!!!! Talk about this!!!!! Let’s wake up to this!!!! Push back before we lose everything we have!!

[@susanfleming920]

I think you are spot on.

[@laraoneal7284]

There’s always a surprise and it’s always on us the middle class. I’m being priced out of the middle class and out of my neighborhood where I’ve been for 30 years. I’m in So California and everything is a MESS.

[@donaldkania9977]

There needs to be classes on buying a home- jack! #1 reason for tax increases is younger adults moving into the neighborhood = new schools, parks for kids to play, better restaurant's, more police for security.

[@jnjstroud]

We invested ten years ago in two properties with a total of 80 acres. Worked hard and almost paid off all but a quarter of the total bill for one of the properties while using as an Airbnb. Sold it 2 weeks ago with 5 acres for more than double and 25000 over asking price. Paid off our own home with enough left over to build mom in law a home of her own.. with some left over and no more slave to the lender.

[@AiCash-mc8fb]

You gotta do this, you gotta do that... all while working 50+ hours per day, commuting back and forth, taking care of family, and lastly, taking care of yourself. So much to do or else other people with nothing to do will make your life a living hell.

[@jeffs6819]

Property taxes are really high, especially without the Homestead exemption. If I rented my house that I bought in 1998 the taxes would increase from $1400 to $4000. Then if you happen to live in Orlando you have the wonderful added expense of tolls which for some can easily add up to $100 a month. They say they need tolls to build roads, WTH do we pay property and gas taxes for?

[@tonyzito4628]

That's funny, up around the Chicago land area you're paying 14 to 15,000 and many are paying way more than that

[@JodyLuvsHumanity777]

Our military used the same technic, they got results 👍. Possibly a good plan 🤔😂? Until we get arrested for a noise ordinance 🤦‍♀️.

[@repo4sale]

1990 I bought $6-7 million in Real Estate. My Property taxes went from $55k/year to $95k/year!!! I decided to only buy land at 1-10cents per $

[@commonsense6967]

GEICO lowered my 6 month auto insurance premium by $8.00 this month. I'm in N. FL.

[@sandra.george93]

I sold my condo in Florida in 2021 because I saw this coming. It was to be my retirement home. I was an insurance underwriter before I retired. Fl was my territory.

[@OldschoolFlaBoy]

This man will tell you the truth when others are just trying to scare you to jump one way or the other you know like the government does. That young lady bought a house here in Polk county and now she can't afford it and you think the people in Tallahassee didn't know they was going to do this in the near future or maybe 5 or 6 years ago they knew it they're waiting for the right moment. This is just proven to me I am a pastor that in the last days which were in the last the last days wrong will be alright alright will be wrong they going to kick you out of your home that will kick you out of your condo put you on the street they don't care as long as they get that valuable piece of property

[@ryajsmit]

I see new builds sold after a year ppl have been there. New ones every week North GA

[@mrbob19561]

Save your money and pay cash forget insurance going back to the early 1900 s before insurance

[@truuee9016]

Corporate greed. Then if the govt tries to control it, they'll scream about govt regulations. Why's the VP's pick up there if these are local tax issues?

[@davidcobb464]

Florida has regressive total state/local tax burden, with the bottom fifth paying over 13% and the top 1% paying 2.7%. Add assessments / high HOA fees, and it is a nightmare.

[@1971_Chevelle_SS]

Sounds like the bottom 20% are cheating the top 1%. To be fair, each should contribute the same percentage, they’re only paying 0.65% each.

[@davidcobb464]

​@@1971_Chevelle_SSI think the wealthy would like your narrative.

[@DKisOk]

I had to give up my driving to save from paying the insurance that went up a lot... Then I gave up the homeowners insurance because it went up a lot... ALL because my property taxes are up a lot this year and my social security only went up $40.00!!! 😢

[@JanOsborn-w6x]

For as long as you keep showing up at the poles, it will never stop.😮

[@allanya74]

Corruption and greed is real out here. 😢 This is happening in the Atlanta area now. This country is catering to the 1%.

[@velocita6907]

Home and auto insurance is going up across the country. Many insurers will no longer insure areas that have a statistical probability of a catastrophe. The insurers are a for profit business ,and they will increase the costs to you to insure profit and balance the risk.

[@jennifersmall4027]

Small towns in the Midwest have beautiful affordable homes with reasonable taxes. But most people are looking for excitement in their surroundings.

[@futurefirm]

Who controls property tax? Who sets the value of the property?

[@andreeabaker6156]

This happened in our condo last October 2023 Orlando Fl our HOA was 400$ and now go to 850$ with assessment 37000$ for each unit , the problem was no one from the community didn’t fight enough because they get the information to late, at the moment inventory sale is 100% and no one want to buy any apartments, is very sad how people react and they was cared about more about the dogs 💩than this increase $$$

[@t-bone3657]

Your everyday sales tax includes at least a 1% tax for your county and then another 6+ % for your state. Property taxes are a double tax to ensure your city workers receive the largest pension package as they can fleece you for.

[@Pickkg]

What about Florida’s “save our homes”?

[@pinschrunner]

That is if u move and you will still pay higher taxes even if you sell a home for $500,000 and buy a new home for $500,000, you will pay higher taxes at the new property

[@theone4929]

They raised mine exactly 20% this year, Inverness Florida.

[@VirgoVibes-vh1sc]

Well if the Realest Agent and attorney are not going to tell you, what are we paying them to do? I’ve seen this happen 10 plus years ago for those purchasing new builds. And mortgage companies should do better at denying loans based on forecasting. Everything goes up every year. And as for condos, I sold mine as soon as I started reading about the National HOA working with FHA to allow the HOA boards to obtain loans and passing the increase to the residents. All of this was due to the FL condos collapsing. Our city is now working to also add a forced city inspection for the integrity of the buildings. That cost will also be passed to the residents.