Double Trouble

Let us say your house is worth $x in your opinion (based on square footage muliplied by the going rate in your area)

Now you get a property tax statement from the county that says your house is worth x+300k !!! and you now owe the county a bigger tax amount.

You figure that if your house is worth that much, then you should be able to get a really nice interest rate on a loan.. afterall your risk is low considering how much your house is worth and how much money you have put in the house already!

So you start the process and to your surprise and anger, the guy who came to appraise your house values the house at x-200k. You are now scratching your head...

The banks want to keep your mortgage high by lowering house value
The county wants to keep your tax high by raising house value

This whole country is run by crooks at every level!

Maybe we should sell our house to the state of California and repay the bank loan and start renting?

If the above mentioned weren't true, I would be laughing.

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Just plain tired..

Somehow feel powerless.

What is the point in working so hard, paying your taxes, voting, trying to be a good citizen when you know that

half of your work goes to fund things you do not support (thanks to tax money),

another tenth of your work goes towards the garbage into unscrupulous hands (your retirement money) and

another thirty percent goes into mortgage at ridiculous rates when there is a whole bunch of guys enjoying free money out there!

Just plain tired..

they might as well give me a ration card and some food stamps. Maybe my health will improve and I will be less stressed out?

Should we even bother to teach our kids to be responsible when the irresponsible seem to have an upper hand today? or should I just ask my kids to just figure out "how to beat the system"?

After leaving you with that thought, really wanted to change the mood of the post with some joke.. but not one comes to mind.

The joke, really is on me!

ps. A friends neighbor (only an aquaintance of mine) has bought three houses with each house being loaned based on previous house with different banks, and has bought two jet skis, a hawaii vacation, rented the entire floor of a San Francisco popular destination for his daughters 16th birthday party (apparently it is a tradition for people from that country) and he has no collateral on anything except the houses because he has no down payment in any of the houses. Dude says he has nothing to lose, considering he has already spent all the money!!!

Bob Dylan's voice echos through my head right now as I go to bed..

When you got nothing, you gott nothing to looooossssse
How does it feeeel
How does it feeeeeeeeeeel

To be on youurrrrr owwn
With no direction hooome
Like a complete unknownnnnn
Like a rollllllllling stonnnnnnnnnnnnnne?

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