One more nice thing about renting during the crash - no stress about soaring property taxes and insurance.
There will be a housing-led revolution in the United States soon HP'ers. Even sheeple have point where they get mad as hell and won't take it anymore.
Thanks to the housing crash, soaring insurance costs and greedy and needy states jacking up property tax bills based on false valuations, we're getting to that point.
Wake up America. You've been had.
Skyrocketing property taxes leave homeowners struggling
Maurice Gunyon thought he was set for his twilight years.
He bought a deteriorating house on Indianapolis' north side, had it torn down and a new one built. The 73-year-old retired from his government job in 2004, thinking he was financially secure. His income included his pension, personal savings, Social Security and rent from the other side of his two-family house.
Then he got his property tax bill that had nearly tripled. His bill in 2005 was about $2,900 and was $4,600 last year. This year's bill — $7,568.
"I almost had a heart attack," said Gunyon. "My reaction was one of pure anger."