Re:U.S. household wealth suffers record drop in second quarter
by injvstice on Friday September 09, 2022 @06:38PM
(#32785752)
Someone just had a soapbox moment.
Anyway, from my personal experience, my personal wealth rate of change was definitely negatively affected by the housing market, due to increase in valuations, which turned into a significant increase in real estate taxes.
I live in one of those places (Austin) where my house valuation jumped by 120% YoY.
Anyway, from my personal experience, my personal wealth rate of change was definitely negatively affected by the housing market, due to increase in valuations, which turned into a significant increase in real estate taxes.
I live in one of those places (Austin) where my house valuation jumped by 120% YoY.