Earlier quoted context omitted.
Miami is pretty nice if you have money
Shaq money or $200k a year scruffy nerfherder money?
Moving to Texas
111–115 of 115 posts
Re: Moving to Texas
#112Earlier quoted context omitted.
It works like this: Here's a guy who makes $50K a year, has $20K in assets other than his house, and his house is worth $150K, of which $30K is equity. Taxes are proportional to that $150K. Total assets / house price is 1/3. Here's a billionaire - literally worth $1 billion. He doesn't have a $3 billion house. So the ratio of total assets to amount covered by property tax is much more favorable to the billionaire. Hi…
Yeah, if property taxes are the only taxes I see your point. But when you also have sales taxes or value added taxes, chances are the billionaire is living a little more exorbitantly than the regular guy. If you want to get more progressive than that you can introduce luxury item taxes. More importantly though, the brunt of the tax burden is still resting on the higher value properties. If we decide that progressive…
Re: Moving to Texas
#113My gay aunt and her partner moved to Austin just before the 2008 housing crash. Within months, they had experienced sufficient discrimination that they desperately wanted to move back to NE but had to wait until the housing market recovered enough for their loss to be palatable. They miss the weather but don’t miss tradespeople refusing to enter when they realize the house belonged to two women.
That's terrible and completely believable. There's nothing the Texas government hates more than people of color, except women... and LGBTQ... and atheists... and liberals... and the disabled... and millennials... and anyone not born in Texas
Re: Moving to Texas
#114Earlier quoted context omitted.
Well. I’ve spent some time working on retirement options since my wife and I are close. Arizona really has nothing to recommend it. Florida does, but southern Florida is kind of a wasteland with pending climate issues and northern Florida is a trashy hell hole. I have family there. If not for the cultural issues it would be a no brainer but who wants to retire somewhere awful? Taxes-wise, I think California is underr…
> Arizona really has nothing to recommend it I’ve been living in PHX for 2+ years now, and have to disagree. Low cost of living and high QoL. Great school districts and master plan communities designed to make pre-k -> 12 schools walkable. Great food, amazing supply chains (the stuff you find at grocery stores here can be mind blowing), and well maintained infrastructure. We are positive sum water, when you build her…