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GOBankingRates
GOBankingRates
Stacy Sare Cohen

How Celebrity Home Purchases Are Quietly Driving up Property Taxes for Locals

f11photo / Shutterstock.com

Celebrity sightings can feel exciting. However, did you know that when celebrities buy a home in your neighborhood, it can raise your property taxes? If your taxes have been creeping up in price lately or you haven’t made any home upgrades, that could be the reason why.

Here’s how celebrity home purchases are quietly raising property taxes for locals and what states are doing about it.

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