If you rent, you are still paying property taxes and school taxes -it is baked into your rent payment.
You do - but not $7,500 per year. That is why I said they pay much less. They have to sleep somewhere, but they don’t need to tie their lifetime earnings to it.
NJ has the worst housing market because of this; they have a property tax freeze for seniors, but the taxes are frozen so high that retirement income won’t cover them - causing seniors to flee. On top of that, you have to pay the higher current taxes throughout the year, and wait for a refund of the difference afterwards (making it even harder for those on a fixed income). Single-family homes are too much space, with taxes too high, for average people, so they have crappy re-sale prices. Few are built anymore; nowadays housing construction (where it exists) is mostly hives for childless drones.
Unless you live in rent controlled housing. In which case, the owner ends up having to subsidize you living there.