[cuban leaf]

I forgot to mention that if we had bought in Seattle rather than rented, our payment would have gone from $1600 to $3600, and then the crash would have put us underwater by $200k.

So renting was better.

And we’re in the midst of a worse bubble than that one. The only reason I bought is because I wanted a farm and the whole bloody thing, 32 acres, new home and large barn, cost just over one year’s income, and the annual real estate taxes are the equivalent of a single month’s payment on a new Toyota Corolla.

[TheDandyMan]

Enjoy it while it lasts. Your overlords might decide to jack up the property tax to be more akin to the payments on a BMW i8 that you bought entirely on credit. Property taxes are without a doubt the most egregious thing to be foisted on Americans. What is the difference between us, and peasants on a lord’s estate? You stop paying rent to the lord property tax, and suddenly that house you own “free and clear” isn’t yours anymore!

Whether you pay rent, a mortgage, or “own”, you’re ultimately still in chains. Fun fun fun.

[Mr. K]

where???? I want to be your neighbor!