A Boring Dystopia

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‘My Property Tax Went From $15K to a Life-Altering $91K a Year’ (www.yahoo.com)

submitted 1 week ago by ByteOnBikes@slrpnk.net to c/aboringdystopia@lemmy.world

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[–] buddascrayon@lemmy.world 77 points 1 week ago (3 children)

I'm not entirely unsympathetic since property values have skyrocketed ridiculously mostly due to the super rich and hedge funds buying up housing like it's candy.

However, these people got an assessment for doing some renovations without replacing the walls or a major overhaul of the property, then promptly added a whole second floor to the building when they said they were just replacing the roof. They gambled that the assessors wouldn't take note and lost.

[–] lightsblinken@lemmy.world 34 points 1 week ago* (last edited 1 week ago) (1 children)

yeah, and the guy was professionally working in the real estate space... feels like they are in the "find out" stage.

[–] Etterra@discuss.online 8 points 1 week ago

What the hell did they even need a house that size for? They look like empty nesters, which means they don't need that size of a house. They want that size of a house. Since it's an investment at this point, and they had that monster reassessed at a ridiculous price, they're better off just selling it and moving somewhere cheap. Well, cheaper.

[–] Ledericas@lemm.ee 8 points 1 week ago

they should know better if they are building in a disaster prone area.

[–] FlashMobOfOne@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

I’m not entirely unsympathetic since property values have skyrocketed ridiculously

Absolutely.

Where I live here in KC the county was sued over it, and the people won, and they're still not going to get a reimbursement. Property tax assessments are insane, and millionaire or no, it's exceedingly unfair and wrong.

Yet another example of how having one party ruling in Washington is screwing all of us over. There's just largely no real recourse.