Katomega t1_itbbmr2 wrote on October 22, 2022 at 9:47 AM Reply to comment by retaliashun in Many countries have a "hidden welfare state" for incumbent homeowners, as governments subsidize homeowners through the tax system. The homeownership welfare state is strongest in the US and other Anglophone countries, but weakest in the Scandinavian countries. by smurfyjenkins Yep, my terms are similar, 20% of original assessed value, or prove that I did enough home improvement to justify the increase in valuation (ie, not just market fluctuations) Sad news when I found that out last week. Permalink Parent 6
Katomega t1_itbbmr2 wrote
Reply to comment by retaliashun in Many countries have a "hidden welfare state" for incumbent homeowners, as governments subsidize homeowners through the tax system. The homeownership welfare state is strongest in the US and other Anglophone countries, but weakest in the Scandinavian countries. by smurfyjenkins
Yep, my terms are similar, 20% of original assessed value, or prove that I did enough home improvement to justify the increase in valuation (ie, not just market fluctuations)
Sad news when I found that out last week.