> No they arent selling it. They are securing a load (sic) with their property. Big difference.
The home owner is in effect “realizing” the (supposedly) increased value of their property. Once the property is put back into the economic realm, to be “fair”, it should be taxed at the recognized value.
Just my opinion.
And yes, the real answer is that less spending on the governments part would make the question moot.
“The home owner is in effect realizing the (supposedly) increased value of their property. Once the property is put back into the economic realm, to be fair, it should be taxed at the recognized value.”
Theres nothing fair about property taxes. Our govt wastes much of the money we give it.