Wouldn’t leasing or renting be more accurate depending on what’s involved and the circumstances?

  • phubarr@lemmy.world
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    3 months ago

    Functionally, there’s no difference. The amount they demand is based off your house’s value, and they take it away from you if you don’t pay. The label is just a detail. And it’s not a trivial cost, I inherited a small, aged, worn out house and I pay over $300/mo just to exist in it. The tax office wildly overestimated it’s value and there’s nothing I can do about it.