Surprisingly? It’s common knowledge that a high home value only helps when selling. When living in a home, you want the value to be as low as possible since it affects property tax, insurance, etc… That’s one of the major factors that prices people out of their homes when their town gets gentrified.
The surprising part is the astonishing rate at which insurance premiums are shooting up faster than a hardened fentanyl addict.
Home “owners” voted for this… Let 'em eat cake.
Suburban clowns think they are so clever, let them pay for that infrastructure now.
Money is gone folks and bills are coming due. Have fun riding your SUV on broken roads everytime you need to take a shit.
You spoke the truth here. It’s unclear why people are taking exception with you.
I don’t know why you’re getting downvoted, you’re right.
Because the truth hurts… vast majority of the US is not yet aware of what is coming and that their life choices are unsustainable. If they think federal government is going to bail them out, they are gonna have some hard lesson in life on where they rank on daddy’s favourites list.
Chronic under funding of things like water supply and maintenance of roads and bridges, their munis either will need to raise taxes a lot higher or service will be cut.
It’s getting to the point where a hardworking guy can’t support his family and his mistresses family anymore.
Boomer spotted… A regular working guy cant support himself, champ, in today’s economy
This is a nothing burger. They even say that the people who are struggling got into too much home to begin with. They made up a whole article about people buying houses that are too expensive for their incomes.
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