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.