Property taxes in FL don't exceed 10% of assessed value (and are often a good deal lower), you can easily get a half-acre with a decent house for under $200k which there are plenty on Zillow, and you don't need home owners insurance if you own your property outright. Even so typical insurance is roughly $100 to $150 a month with hurricane protection (which in rural Florida you wouldn't need since it's not near the coast but you knew that, right?).
Now that we've shown you're just bloviating, show me the inflation, Mr. Money Expert. I'll wait for your comprehensive data report.
Half-acre?
And how are you going to be self-sufficient on half-acre in the US (after vaxx mandate hits), since there's no free pasture as in some EE countries? You can not keep any livestock on half-acre even from legal standpoint in most cases - in the US the standard throughout the country: minimum of 1 acre per head, that if CC&R allows it at all.
Most land for sale now is not only under heavy zoning but under heavy CC&R in the US. In FL especially.
Tax 10% of accessed value - LOL? You meant 1%?
Even 1% is crazy high and will bankrupt someone if they lose their ability to work due to vaxx requirement. There can't be self-sufficiency with that. You home will appraise 400K, if not today then tomorrow as this tax has no real stopper on it - 1% is 4K a year. Even if it's 2K a year it's way too much.
That's renting a home from the government. I do not call this home ownership. If you don't pay this, home can be sold via tax auction.
I watched a lot of tax histories on homes and seen real tax go up 3-5 times in 15 years for some, this is another inflation component that will affect one who lost income due to vaxx requirements.
$150 a month home insurance (first off, in Florida you will pay way more than that, even in TX you will pay more than that, also, FL got extra sinkholes insurance component as well ,as sinkholes are all over the state). One will shell out at least 4K a year for insurance on a modest small home likely. Insurance rates experience real inflation during last 10 years, also and will continue going up, making one bleed more money. If you carry cheaper policy - new policies are quoted a lot higher now, some companies give grace to continuing customers.
Lots of land got flood zone (good land is hard to buy in current land rush), FEMA flood insurance required for mortgage even if flood zone touches the corner of the property but not the house, that's very expensive stuff.
That's like renting a home, again.
Home maintenance/repair expenses and materials costs are insane in the US now, especially in expensive states like FL.
One can buy a home for several gran total or rent one for 100-200 bucks a month in EE and pay literally no tax to speak of, self-insure as simple older homes are cheap and few natural disasters (no insurance), construction is also infinitely cheaper and no hard building codes to put hurdles (no building codes where I'm going, none) - that's what I call independence from the goverrnment and food security.
Man, you're arguing there's no inflation again....I rest my case.
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