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I own single family homes in a few different states. None of them are seeing the HOA + Insurance + Tax increases you are describing in the last 2 years.

I'm guessing you bought in a place that is seeing a rapid increase in property values, which I saw in 2020-2022 by owning in a zoom town. That would explain why insurance and taxes are increasing.

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It's probably Florida or some other gulf state with weather risk. Could be California with wildfire risk but then they wouldn't have tax increases. In both of these states insurance is going crazy without the property value cause you mention. If it's a condo then insurance can single handedly explain HOA rates (since they buy insurance too) as well as HO insurance rates.

Florida's median property tax is about $2,500, so it's unlikely to go up $1000/yr. Places with high property values within the state of Florida like Miami Beach are mostly seeing decreasing or flat home values in the last couple of years.

I don't want to speculate too much on this poster's property, and I'm not super familiar with gulf real estate. I just wanted to highlight that I have a very different experience even though the post made it sound like their experience was the overwhelming popular one.

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