Next are your raises. Your appraisals are going through the roof. And one reason is because By Texas law right now appraisals can go up 10% a year. Doesn't take a math wizard to figure out 10% a year, year after year after year is going to price you out of your home. You're not going to be on for safe. (29:27–29:32)
CLAIM
Asserts that Texas law currently allows property appraisals to increase by 10% annually.
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