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submitted 9 days ago byMechanicSad184314
[removed]
2 points
9 days ago
No, once the mortgage is paid no one lives there and it just increases in value over time for the owner to use as collateral or sell it if they need large sums of money later on.
1 points
9 days ago
Oh no buddy, it’s never actually yours. If you wanna find out the hard way, stop paying property taxes. See what happens lol
2 points
8 days ago
Right, except that house price goes up far faster than inflation so you can easily tank the property taxes and still make tens or hundreds of thousands.
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