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Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

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[-] happytobehere@lemmy.world 158 points 1 year ago

If you don’t pay your taxes, yes

[-] sadreality@kbin.social 25 points 1 year ago

HoA fees

Eminent domain but they will pay you "market value"

Being force into a sale due to investor taking over a condo building

[-] Veraxus@kbin.social 5 points 1 year ago

Property taxes of most primary dwellings should not be a thing.

[-] Bitrot@lemmy.sdf.org 13 points 1 year ago

This is how you get subscription-only fire departments.

[-] Veraxus@kbin.social 7 points 1 year ago* (last edited 1 year ago)

Commerce and wealth-based taxes (income, sales, capital gains, etc) are sufficient to cover any and all social needs. Taxing people on their own possessions - especially those critical to living - is beyond unethical, it is evil.

A property tax on a primary dwelling residence is unethical because it is not attached to any act of commerce. It is your home. It is your family's life and legacy. Property taxes do not care whether the owners are billionaires or do not have a penny to their name, so they harm the middle class and the poor while it's little more than an afterthought for the wealthy. Case in point: Hawaiians who are forced to sell their ancestral homes because they cannot afford property tax... because the "value" of their ancestral land is constantly and steadily increased by wealthy interlopers. This is just plain, old-fashioned banditry and theft - nothing more and nothing less... and if you advocate for it or justify it, you advocate for evil.

[-] DarkDarkHouse@lemmy.sdf.org 1 points 1 year ago

So many bad arguments here.

this post was submitted on 04 Dec 2023
144 points (97.4% liked)

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