Quote:
Originally Posted by moorhosj1
If your property taxes have increased 100% in a year (an incredibly infrequent occurrence), you just gained a ton of equity in your house because the value must have exploded. Same situation we see in gentrifying areas, should be the same reaction.
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Sorry, but this is an incredibly ignorant statement from an economic standpoint, especially for rental property. And even for a home, just not true, Illinois’ financial situation considered...
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