I’m sure plenty have did this. I usually would jump on the opportunity to take a bite out of a Democrat but this is just a highlight of how things work. I’d personally like to see big reform in the way housing is handled. Those buying have really been at the mercy of an industry that treats housing like a stock market and people who have been encouraged to treat their houses like risk free piggy banks. Whatever happened to the ideas of financial independence and buying only what you can afford?
The local governments have also added to the woes by trying to assess houses at the unrealistic higher values. Here in Chesterfield VA it has led to the school system having to cut its budget which I think is a very good thing. This is a very conservative county but the local guys are often indistinguishable from liberals in the way they talk about taxes and plan their budgets. The only difference is they know that there is a limit to their spending or else the locals will toss them out.
Some where many Republicans have really lost their way, when they don’t keep in mind as a primary concern the burden of taxes on their constitutes as the first order of their service to the community they can do nothing but fail in that service. The money is not theirs yet they often rush out to spend it they raise property taxes forcing those out who built the nice suburban or rural communities only to be driven out by high property evaluations. I have a friend who lives in a modest older house that had been in their family for years that has been so overvalued that her and her husband have to work two jobs just to keep it.
I think there is something wrong when hard working people who own houses that are paid for are having to sell because of the burden of the property taxes. That is not the way this country was envisioned and certainly is not the one I desire. I’ve seen people lose their homes to localities only to be resold for values that far exceed what was owed. Why doesn’t the GOP start considering more policies protecting people from the hand of government? It is a sure win for them but instead they often sit back and close their eyes to the plight of the citizen as if all they see as reality is their own rhetoric not the actions of a government that far too often burdens those it claims to be there to help.
I would have posted this if the rep would have had a R before it’s name too. It’s a shame we quit teaching our children about economics, and that you can only have what you can truly afford.
Except she bought three “homes” and defaulted on all of then. Sorry but this isn’t a story about a hard working person who fell on hard times while doing their best to keep a roof over their families head. This is the story about a memeber of a protected class, minority, liberal, in a position of power, who was trying to game the system. When the sh.. hit the fan she chose to walk away and let others take the hit and clean up the mess.