IncreasePosts parent
Sure. But you're paying property tax indirectly on rent any way. And, property tax is usually in the range of a few thousands per year versus rent being a few tens of thousands per year. An increase in tax may be weatherable whereas an increase in rent may not be. And many areas have laws where property tax for seniors is reduced or fixed
My (not well worded) point is that home ownership can have variables as well, even if the mortgage is paid off.
Yes, some areas will freeze the tax level if you are over a certain age, but I'm sure not all areas do that.