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▲ Razengan 4 hours ago

I saw a post on YouTube about how someone's dad was struggling to pay their property taxes. One of the comments went like this:

"America, where you can spend your entire life paying off mortgage and then still be one missed tax payment from losing it all."

Is that true and how is this not perpetual serfdom if you can't ever really own a home?

▲HWR_14 an hour ago | parent | next [-]

Is there any country where I can walk into town with a bag of money, buy a house in cash, and never have to pay taxes on it again? EU countries either have a property tax or a wealth tax that includes people's first homes.

▲greyface- 41 minutes ago | parent [-]

You're looking for allodial title. It's essentially impossible to obtain today.

https://en.wikipedia.org/wiki/Allodial_title

▲derwiki 4 hours ago | parent | prev | next [-]

Surely one missed tax payment is not enough for the government to evict and assume ownership? I see these cases in SF occasionally and it takes years of non-payment.

▲trelane 4 hours ago | parent | prev | next [-]

> Is that true and how is this not perpetual serfdom if you can't ever really own a home?

https://phillipslytle.com/a-review-of-new-yorks-response-to-...

Until 2023, some (many?) would sell off your house and pocket the difference, even if it exceeded the tax liability!

▲add-sub-mul-div 2 hours ago | parent | prev | next [-]

Fine, you win. We're all serfs. You've redefined "serfdom" to mean living in a modern civilization with public infrastructure, and the property tax tradeoff that comes with it. I'll choose this serfdom until a better viable option presents itself.

▲s1artibartfast 4 hours ago | parent | prev [-]

Because Serfs didnt own the land. Lords did but had taxes.