.... NOYB is
playing a sucker bet, to the sure profit of the bank, the insurance co, &
his local tax collector... leaving him holding the risk and an uncertain
gain.

NOYB wrote:
You don't know what you're talking about:


Actually, I know exactly what I'm talking about.

The tax collector sees very little additional income from the rapid
appreciation. "Save Our Homes" ensures that the rate can't go up more than
3% per year.


Until the town needs more new schools or a new landfill or a new water
treatment plant or it's bonds are about to get downgraded or something.

Isn't it amusing that you are determined to avoid having to pay your
fair share while urgin tremendous deficits on everybody else...


The insurance company also gets very little money from the appreciation.

The insurance company isn't taking their profit from appreciation.
They're taking it out of your wallet.

The bank sees no additional money either. The principal doesn't increase.


You have no concept of compund interest, do you?

You seem to have a problem distinguishing between your wishful thinking
& reality. No surprise considering your political views...

DSK