Property Taxes Are the “Subscription Fee” on Your Home
Property taxes function much like a subscription fee on a home you may already own. Even after paying off the mortgage, homeowners must continue making payments based on how the government values their property.
According to Lynette Zang, this reality leaves many homeowners feeling like they are renting their own property from the government. Miss a few payments and, in some cases, the government can repossess the home entirely.
This has happened before. During the Great Depression, homeowners lost property because they could not keep up with tax obligations, even if their mortgages were paid off.
In today’s uncertain economic environment, this raises an important question: how can homeowners maintain control of their property when the system itself becomes unpredictable?
Lynette argues that the answer lies in assets that remain stable when financial systems become unstable.
A Growing Movement to Eliminate Property Taxes
Across the United States, a growing number of states are debating whether property taxes should be reduced or eliminated altogether.
States including:
- Texas
- Ohio
- Pennsylvania
are openly discussing changes to property tax structures.
This movement reflects growing frustration among homeowners who feel the current system is unsustainable.
However, eliminating property taxes creates a major challenge.
Property taxes fund approximately:
- 70% of local government revenues
- Up to 90% of school budgets
If those taxes disappear, governments must find revenue elsewhere. That could mean:
- Higher sales taxes
- Reduced public services
- New forms of taxation
The underlying issue remains the same. Governments still need income, and when revenue declines in one area, they must replace it somewhere else.
Why Property Taxes Keep Rising
Even when tax rates stay the same, property tax bills often increase. The reason is simple: property taxes are based on the government’s assessed value of your home.
As home values rise, tax bills rise with them.
But according to Lynette Zang, these rising home prices are often misunderstood.
They do not necessarily reflect real wealth creation.
Instead, they often reflect the declining purchasing power of the dollar.
Inflation and the Illusion of Housing Wealth
Lynette shared a personal example to illustrate this point.
In 1978 or 1979, she purchased her first home:
- Price: $59,000
- Size: 1,800 square feet
- Lot: roughly a quarter acre
- Layout: three bedrooms and two bathrooms
Today, that same home sells for roughly $500,000.
On the surface, it appears the home has gained tremendous value.
But the house itself has not fundamentally changed.
What has changed is the purchasing power of the dollar.
Since the United States abandoned the gold standard in 1971, the dollar has steadily lost value. Prices for assets such as housing rise largely because the currency used to measure them buys less.
As a result, property taxes tied to those inflated prices continue to climb.
The Government Debt Cycle and Rising Taxes
Economic recessions repeatedly trigger the same response from governments and central banks: more debt.
Each time the economy slows:
- Governments borrow more
- Central banks expand the money supply
- Inflation rises
Debt must eventually be serviced, and governments rely heavily on taxation to generate that revenue.
Because real estate is immovable and easy to track, property taxes become a reliable source of income.
As Lynette points out, state property tax collections in the United States have now reached the highest levels in history.
Gold, Silver, and the Declining Dollar
To understand how inflation affects purchasing power, Lynette compares the price movements of precious metals over time.
Historically:
- The U.S. government once fixed silver prices at $1.28 per ounce
- Recently, silver has traded above $80 per ounce
Is silver dramatically more valuable today?
Or is the dollar dramatically less valuable?
The same principle applies to gold.
In 1971, when the U.S. abandoned the gold standard:
- Gold was officially priced at $42.22 per ounce
Decades later, gold has risen to over $4,300 per ounce.
Gold and silver did not suddenly become more useful as metals. Instead, they reflect the ongoing decline in fiat currency purchasing power.
The “Evil Genius” System of Inflation and Taxation
Lynette describes the modern monetary system as an “evil genius” structure.
The process works like this:
- Governments and central banks create inflation through monetary expansion.
- Inflation raises asset prices, including housing.
- Property taxes rise because they are based on higher property valuations.
- Meanwhile, citizens lose purchasing power.
The data illustrates the scale of this effect since 1971:
- Purchasing power decline: 88%
- House price increase: over 416%
- State property tax collections: over 2,200%
During that same time:
- Silver prices increased more than 5,100%
- Gold prices increased more than 10,000%
This demonstrates why Lynette considers physical gold and silver a foundational component of sound money strategies.
How Physical Gold and Silver Protect Homeowners
Real estate carries a critical risk: ongoing tax obligations.
Owning a home requires the ability to:
- Pay off the mortgage
- Maintain the property
- Continue paying property taxes indefinitely
If those taxes rise dramatically during inflation or hyperinflation, homeowners without preserved purchasing power may lose their homes.
Lynette emphasizes that physical gold and silver help maintain purchasing power, allowing homeowners to continue paying those obligations even as fiat currencies lose value.
Fractional gold coins, in particular, can provide liquidity when smaller amounts of value are needed, such as paying property taxes.
Hyperinflation and Falling Trust in Government
Another factor that could accelerate economic instability is declining public trust in government.
According to polling data referenced by Lynette:
- In 1958, trust in government stood at 73%
- By 2025, that number had fallen to 17%
When confidence falls below historical lows, the risk of visible hyperinflation increases dramatically.
At that point, many individuals may find themselves financially unprepared.
Preparing for Opportunity During Crisis
Economic crises often create both risk and opportunity.
If rising property taxes force unprepared homeowners to sell, large amounts of real estate could enter the market at distressed prices.
Those who have preserved purchasing power through tangible assets such as physical gold and silver may be able to acquire income-producing assets like real estate at significant discounts.
According to Lynette Zang, maintaining purchasing power is the key step.
When the time is right, that preserved value can be converted into productive assets.
The Role of Sound Money Strategies
Lynette advocates a simple but powerful approach.
Every individual should think like their own central banker and build a foundation of real money within their portfolio.
Sound money strategies focus on:
- Physical gold and silver
- Tangible assets
- Wealth preservation
- Protection from currency devaluation
Unlike fiat currencies, precious metals cannot be printed or inflated by governments and central banks.
This independence is what allows them to function as long-term stores of value.
A Call for Sound Money
Lynette also highlights the broader global movement toward sound money systems.
Many advocates believe the monetary system should return to currencies that are redeemable in gold, not simply “backed” by it.
True sound money requires accountability and transparency, allowing citizens to verify that the monetary system is grounded in real value.
Until such reforms occur, individuals must take responsibility for protecting their own financial futures.
Protect Your Wealth Before the Next Crisis
Rising property taxes, declining purchasing power, and growing government debt are putting increasing pressure on homeowners. The key to protecting your financial future is preserving purchasing power through sound money strategies built on physical gold and silver.
If you want to learn how to build a diversified portfolio of tangible assets and prepare for potential economic disruption, connect with the experts at Zang International today. Our team can help you understand how physical gold and silver fit into a strategy designed for wealth preservation, financial freedom, and economic collapse preparation.
