Surprisingly? It's common knowledge that a high home value only helps when selling. When living in a home, you want the value to be as low as possible since it affects property tax, insurance, etc... That's one of the major factors that prices people out of their homes when their town gets gentrified.
The surprising part is the astonishing rate at which insurance premiums are shooting up faster than a hardened fentanyl addict.
Because the truth hurts... vast majority of the US is not yet aware of what is coming and that their life choices are unsustainable. If they think federal government is going to bail them out, they are gonna have some hard lesson in life on where they rank on daddy's favourites list.
Chronic under funding of things like water supply and maintenance of roads and bridges, their munis either will need to raise taxes a lot higher or service will be cut.