It’s a 3 acre lot with only the front acre being usable with no improvements and they evaluated it and based the taxes on $28,000; way above what I could sell it for. I’d be extremely lucky to get $10,000k. The tax people artificially pumped up the value so they could raise my taxes. (They’re self-financed and they’re still staffed for the 2005 building boom. So they run around looking for revenue or they get laid off.)
Ouch. Actually I was comparing it to the lead article. But you’re right, you never truly own anything.
That happens a lot here in Texas,