

"Highballed"
7 snips Sep 1, 2025
Rachel Scott, ABC's senior political correspondent, dives into the heartbreaking realities of disproportionate property taxes forcing families, like Bonita's, from their homes. She reveals stark inequities between predominantly Black and white neighborhoods, showcasing the systemic issues in tax assessments. Through impactful stories, including that of 91-year-old Gloria Gaynor, Scott highlights the emotional and financial toll on vulnerable homeowners. The discussion also touches on the implications of recent Supreme Court rulings that further complicate homeownership for marginalized communities.
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Lifetime Dream Lost To Tax Sale
- Benita Anderson bought a home after years of dreams and paid a $100,000 mortgage for a decade.
- She fell behind on $5,000 in property taxes during cancer treatment and later lost the house at a tax sale.
How Lien Auctions Turn Small Debts Into Losses
- Maryland and other states auction tax liens, not deeds, letting investors buy the right to collect taxes with high interest.
- Homeowners can end up paying far more to redeem their homes and still lose title if payments are misapplied.
Highballing Strips Generational Wealth
- 'Highballing' means assessments or tax calculations force poorer homeowners to pay a larger share relative to value.
- That dynamic strips generational wealth from low-income and majority-nonwhite communities.