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2024-06-21 21:15:58

DrChris ⚔️ on Nostr: “Property taxes” should be built into the principle. Example: $500K House $400K ...

“Property taxes” should be built into the principle.

Example:
$500K House
$400K is the dwelling
$100K is the taxes

The payment gets split to the mortgage company and to the city. It is then the cities responsibility to manage that hundred thousand dollars to earn interest for city services.
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