[LikeBeans]

Because of the rising tax rate relative to income. Ours is projected to increase to about 20% of our net income. That's why.

So yeah nice on paper that the house is worth a lot more than we bought it... but that value matters if we sell and move. There is a lot more to that decision than just the property tax, however it sort of putting a time limit to it.

[aprilthird2021]

Thanks for clarifying. I guess I thought 20% of net income is not that high for housing costs...