Imagine the toll on a retired U.S. veteran who paid off his home mortgage in 2015, but 10 years later, faces foreclosure because his property tax bill exceeds anything he paid in a given year for his mortgage payments. How bad is that! The ramifications are endless, as property ownership in Pennsylvania is becoming a path to financial ruin. This affects homeowners and business owners, and it is taking a toll on the state's ability to keep young people living there.
This is a warning for Minnesota property owners: are we on the same path as Pennsylvania is?
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