“ many of these seniors purchased these homes decades ago and are sitting on millions in equity.”
They’re trying to push us out by raising our assessments, so our property taxes are going through the roof. Our taxes have gone up 30% in the last three years alone. Our modest home in a Virginia suburb now costs us nearly 10 grand a year in property taxes. I’m not sure we can afford to stay here after my wife retires in a couple of years.
it is a shame you dont live in a state like Texas that protects seniors by freezing in their property tax rates