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CookieEnabled t1_jbm3fv8 wrote

Post this on r/FirstTimeHomeBuyer and see what happens

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TheOnlyBasedRedditor t1_jbna2ub wrote

I wonder, what would happen?

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coolo04 t1_jbno5xs wrote

People would get mad because they live in the red/yellow cities

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captainpicard6912 t1_jbq3l9p wrote

Yeah, and then exclaim that it's a "human right" to live wherever you want, for as long as you want, for whatever price you want.

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extreme_imbecile t1_jbrxblv wrote

Yeah haha. Teachers and bank tellers have no right to live within an hour of where they work but I have a right to own five rentals because the market says so haha. Wait what the fuck why are schools closed on Fridays and my favorite restaurants shutting down?!

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26Kermy t1_jbny141 wrote

Everyone will move to rural Illinois?

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Spence97 t1_jbqicci wrote

Property taxes often are over 3% when I look around online, casually. I’m not an expert but they’re insanely high when I do check listings there. I gather they must have a crazy amount of layers in their state and local governments.

Also, at the same time, I often see houses assessed for way over what they’d sell for. I’ve seen some assessed up to 50% over current list price, where the house had been sitting for sale for months at that list price.

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