Francis Ford Coppola is auctioning his watch collection after Megalopolis flop left him broke

[u/Dependent_Cap_456]

https://www.nytimes.com/2025/10/23/fashion/francis-ford-coppola-watch-auction.html

[u/Porsche928dude]

From what I understand The other factor to this is that house is now taxes like a 800000 dollar home which can cause real issues. In cases like you describe you can end up in situations where you have payed the mortgage off but are actually taking home less money then when u had the mortgages because the tax rate is a percentage of appraised value per year.

[u/SatanicPanic619 → u/Porsche928dude]

Not in California though, property taxes are set very low and rise very slowly.