And once you get to 500 for the homestead exemption, that's 92% of homeowners in Florida. And some people say, oh, well, they'll just raise the assessments to get ahead of the limit. It's adjusted for inflation. Of course it's adjusted for inflation. Why would you do it if you're not adjusting it for inflation? Anyone that says, oh, 250 in 10 years, it's going to be worth nothing. (29:20–29:22)
CLAIM
Asserts that the homestead exemption is adjusted for inflation.
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