You've been missing out on depreciation that you are required to take.I'm an Enrolled Agent licensed by the Department of the Treasury.I represent taxpayers before the IRS.

If you have assets, choose not to plan for long term care why should you expect to be able to keep those assets and have taxpayers pay for your care?

150% increase in the number of exapts living in Chile, yes.Regarding property taxes, the amount paid depends on the property you own, but generally speaking yearly tax payments correspond to 1% - 1.3% of the property's value as calculated by the authorities - a price usually much lower than the market value.

The gov't then auctions the property and tries to recoup taxpayer money.

Read this:http://www.1031corp.com/1031-exchanges-made-easy/same-taxpayer-requirement

The tax payers are not generally interested in making housing cheaper for traditional students, so students are excluded from these income based assistance programs.

ThanksNickYes, the individuals are not the owners/taxpayers. 

I find it alarming that you would ask.Maybe municipal governments should require homeowners/property taxpayers to get drug tested.

When you're broke, inefficient and have a bottomless purse (ie. endless taxpayer dollars) to support your bad financial decisions, then it all makes sense. 

Buying a house is expensive (lawyers fees, upfront tax payments, upfront insurance payments etc).