Because of the extremely long duration of the loan (30 years!)

It then rebounded dramatically in June and July, as consumers rushed out to buy suburban homes, seeking more space for working and schooling from home.Builders now say they continue to see a steady stream of buyers, due in large part to the extreme shortage of existing homes for sale.

L.A. and Neighboring Counties Now in Extreme Drought.

I feel it extremely difficult to have positive cashflow when RTV is lower.

An extreme case is Hialeah, which my real estate license instructor referred to as "one large code violation".

This is in Texas (non-disclosure state):price: U$ 720,000 - No exemptions - published at MLS2020 taxes: U$ 6,104 | 2020 assessed value: 256,677 | 2020 tax rate: 2.392%2019 taxes: U$ 6,174 | 2019 assessed value: U$ 257,625 | 2019 Tax rate: 2.396%QUESTION: If this house is bought hypothetically at U$ 720,000, would that possibly trigger a re-assessment by the county, then applying a tax rate (let’s assume stays around 2,39%) against the sold price U$ 720,000 turning taxes into U$ 17,208 (increasing from U$ 6,104 paid in 2020) how likely is this scenario ?

We live in a part of the country that is growing extremely fast and construction has not kept up.

Every time they are extremely surprised. 

One thing that occurred to me this morning, "I can't or won't pull the trigger if my pistol stays in the holster." 

I am extremely new to the real estate world and currently have one property: the one that my wife and I are living in.