I see this first hand here in Florida. I bought a house in 2022, the taxes were less than 1k a year for the previous homeowners who had lived in the house for over 20 years. So now in 2024, my taxes on the house are at almost 3k. Insurance went from 2k a year to 4k a year. So in 2 years the cost of the mortgage went up over 5k a year from insurance and taxes.
FL homesteaded property is limited to 3% annual property tax increases.
If you didn’t know what to expect, either your or your real estate agent didn’t do their homework.