A Boring Dystopia

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‘My Property Tax Went From $15K to a Life-Altering $91K a Year’ (www.yahoo.com)

submitted 2 days ago by ByteOnBikes@slrpnk.net to c/aboringdystopia@lemmy.world

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[–] 3abas@lemm.ee 1 points 1 day ago (1 children)

Are you okay?

If your single family home is worth $4 million, that is the market telling you that that single family home should not exist.

Right, an unsustainable bubble, I said that. This boomer family bought a reasonably sized and priced house that's on the edge of the city, and now they're forced to sell it and not be able to replace it with a bigger home on their budget in the same part of town, they didn't fuck things up Zillow did!

The gen z family who buys today won't be about to upsize tomorrow, and you're gonna blame them.

[–] grue@lemmy.world 1 points 11 hours ago

The fuck-up was by the city, which failed to abolish the single-family zoning in order to allow the land to be developed to its highest and best use.