The Property Tax Heist: How Central Appraisal Districts are using secret algorithms to steal your home’s equity According to the book, Central Appraisal Districts (CADs) use secret CAMA algorithms to artificially inflate home values, not to reflect market reality, but to meet pre-set government budgets, with documented cases of officials “massaging” data in Excel to fabricate assessments. A bottom-up analysis reveals a 12% to 18% systematic overvaluation gap, amounting to a $5.1 trillion annual fraud that forces homeowners to pay far more than they legally owe, fueling an economy built on fake “spreadsheet wealth.” The author reveals that municipal bonds…
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This article was originally published by Tyler Durden at ZeroHedge. Summary Trump tells Fox he “may keep going” with strikes. Trump says…