Jim’s Daily Rant – The Post. Part IV – Jacked-Up Real Estate Prices.
- Jim Costa
- 4 hours ago
- 1 min read
Be sure to read all three parts of this Rant first. Part I
As I pointed out in Part II – School Boards Too, ll US School Boards have unconstitutionally been taxing US citizens for school support. The Constitution only allows taxes on income, not property. Ti make matters worse, the authorities cannot pay off old bonds and have continuing to roll them over, thus creating a $5 Trillion Ponzi scheme.
All of this has began coming into view just recently. We are now learning that the County and School Board property appraisers have been keeping the Ponzi scheme from collapsing by overstating the home valuations exponentially. That is why home prices are out of reach of most families.
The price gouging “rat wheel in a cage” rate race families fall in go back to this miner mistake. Again, the perpetrators are too embarrassed to admit it and end the torture.
Florida has a bill in its Congress doing away with all Real Estate Taxes. Gee, I wonder why?
See today’s post regarding out of control home prices:
