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A comment on U.S. mortgage interest rates jump to 7.16%, highest since 2001. Parent comment

Re:U.S. mortgage interest rates jump to 7.16%, highest since... by lotsofpulp on Wednesday October 26, 2022 @01:19PM (#33346689)
The government can also just increase property tax rates if property values go down. Instead of 0.75%, make it 1%, or 2%.
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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by bushbaba on Wednesday October 26, 2022 @02:44PM (#33347690)
They can’t in California. Not without voter approval. Same is true in many states.
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