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A homeowner has taken to social media to express concerns over the escalating costs of living, particularly in relation to taxes and insurance. The homeowner, who purchased a $400,000 house in 2020, claims that taxes and insurance payments have more than doubled in the last five years, leading to an additional $7200 in expenses. The homeowner is perplexed by the increase in property taxes, as they believe the value of the house should remain at the purchase price. Despite having made no insurance claims, the homeowner is also facing higher insurance costs. The homeowner has considered switching insurance providers to save money, but fears the potential loss of a no-deductible benefit in the event of a hurricane. The rising costs have led the homeowner to question their ability to continue affording life in their current state. Read more here…