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nostrich
@Marty Bent

My local government informed me that they assessed the value of my house increased by 61%.

My property taxes are increasing 61%.

This is a tax on unrealized gains.

My income has not increased. I have realized any gain in the value of my house.
1
Average Geo · 20w
Similar thing happened to my property a year ago. We challenged the assessment (which was valued higher than real estate sites - realtor.com, zillow - which notoriously inflate estimated home values!) with the county and got it more fairly priced. I feel it is still high, but it is more realistic. P...