^^^ I see your point, but your property taxes probably won’t go up significantly. The fact that home prices have increased doesn’t really change the amount of money municipalities need to cover expenses. And while you may have no interest in tapping the equity in your home, it’s nice to know it’s there. My wife and I have been fortunate enough to have accumulated some cash during the pandemic (in hindsight, I wish we would have invested it, but there was know way of telling what the future held for us). We’ll probably refi from a 30-year to a 15-year soon and, when we do, we’ll get the biggest HELOC the banks offers. We have no plans to use it, but with a large line of credit for emergencies, we can make better use of our capital.