Comment: I own my house ramicio.

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In reply to comment: I will never buy a house, and (see in situ)

I own my house ramicio.

And I don't pay one cent in property tax. In my state if you have a homestead and the valuation is below 75 or 100 thousand (I think they increased it) then you don't pay property tax. That is one of the main reasons I moved back here when we closed our business in Texas.

There is a give and take though. We have an income tax and the local sales taxes can top %10 depending on the little town you happen to be buying at. But if I ever have too I can live off of my land and not have to worry about having my property seized for back taxes.

Of course this could all change with the stroke of some political pen but for now I own my house and property.