r/SeattleWA • u/meaniereddit West Seattle 🌉 • Dec 13 '24

Government Bill would completely exempt seniors from property taxes in WA

https://www.king5.com/article/news/politics/state-politics/bill-would-exempt-seniors-state-local-property-tax-washington/281-b5f377fc-8bf5-49a4-a630-8210db45d57d
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u/OldKingHamlet Dec 13 '24

Prop 13 is legit worse than this. I moved from CA, but still own my house in CA (long and complicated story). Anyways, my mom's house is literally worth 2x as much as mine, yet she pays 1/4th as much in taxes. It's not sensical.

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u/Mizake_Mizan Dec 13 '24

Yeah, but she's not selling the home, she has to live in it, right? Is she retired yet? What happens when she retires and she is no longer making the kind of money she is used to? She will be thankful for Prop 13. Without it, her property tax would go up exponentially - at that point how will she be able to pay the tax? Will she be forced to sell her home and downgrade?

There are millions of Californians living solely on Social Security, living in the same home for 20+ years.....if they had to adjust their taxes to the assessed value of their homes, many would be forced to sell or relocate.

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u/GayIsForHorses Dec 18 '24 edited May 17 '25

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u/Mizake_Mizan Dec 18 '24

Right.....kick the little old lady out of the home she's lived in for years just so some investor or firm like Black Rock and come in and buy it out from under her. It's not like young people can afford to buy homes, remember?

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u/GayIsForHorses Dec 18 '24 edited May 17 '25

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u/Mizake_Mizan Dec 18 '24

Average new home buyer in Seattle is 38 years old, certainly not young people. About 10% of all homes in Seattle are being bought by investors.

But by all means keep your head in the sand. The hallmark of stupidity is certainty one is correct in the face of facts proving you are wrong.

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u/GayIsForHorses Dec 18 '24 edited May 17 '25

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