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by dylan604 3066 days ago
House prices going up is only a good thing when you are selling your house. Otherwise, it's just a larger tax payment the owner endures. I know several people that lost their house because values went up in the neighborhood, but their salaries did not increase to match the new monthly tax allotment requirements.
1 comments

> House prices going up is only a good thing when you are selling your house. Otherwise, it's just a larger tax payment the owner endures.

Well then you just pass something like Prop 13. Oh wait...