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A comment on A global house-price slump is coming. Parent comment

Re:A global house-price slump is coming by lotsofpulp on Friday October 21, 2022 @12:58PM (#33290327)
Seattle area property tax is usually around 0.75% of market value. Although, I would guess some are near or above 1% due to very recent declines in market value.
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Re:A global house-price slump is coming by __derek__ on Friday October 21, 2022 @02:16PM (#33291254)
That seems low. My taxes were $9.40 per $1000 of assessed value in 2022. From searching around, I see an average 0.88% for King County (and apparently Pierce and Snohomish are higher).[1]

[1]: https://www.tax-rates.org/washington/king_county_property_ta...

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Re:A global house-price slump is coming by lotsofpulp on Friday October 21, 2022 @02:22PM (#33291326)
Yes, last time I checked, the numbers were still based on outlier price increases in 2020 and 2021. It may already be at 1% or even higher for many people.
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