South Portland Mayor: Get a Reverse Mortgage to Pay Your Taxes

In a city that has raised taxes by almost 25% over the past half-decade, the mayor has made the obvious suggestion: use your home's equity to hand over your wealth to keep the city's gravy train going. You will own nothing and be happy. ⚡South Portland Mayor Misha Pride tells seniors to take out a reverse mortgage to afford the city's sharp increase in property taxes. pic.twitter.com/auJK1pzAdt— The Maine Wire (@TheMaineWire) September 23, 2024It's a brilliant solution if you think about it. You worked all your life to buy your house outright, happy that you can pass along the value...