MichalS said:
Thanks for your reply
I am sure that the amounts I mentioned are true, he lives in illinois, chicago
His house is a bit bigger than average but not some huge villa and his district got more popular so the evaluation increased. That's good when house worth incr wses but when you are an old man that lived in the same home for 20-30 years, know all your neighbors etc. then you are not willing to sell your place and move somewhere else even if it's better standard
Nonetheless 2% of house value annually is very high, a drawback of living in the us worth pointing out as some people forget about it
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