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Just moved from CA to CO. 7.25 to 4.6 ... Not a massive change mind you but I'll take it. The main problem with CA are the "hidden" taxes WRT quality of life.
by getpolarized 7y ago
Just moved from CA to CO. 7.25 to 4.6 ... Not a massive change mind you but I'll take it.
The main problem with CA are the "hidden" taxes WRT quality of life. Real estate prices being insane. Serious homeless problems in SF. Smoke from all the fires. PG&E being evil, etc.
- klipt 7y agoIronically the high California real estate prices are partly due to low (property) taxes from Prop 13. Much like low mortgage rates, they make real estate more attractive as an investment and help inflate prices. Texas has much higher property taxes but much more affordable housing. Which runs counter to most people's ideas of red states always having lower taxes than blue states.
- originldirgibl 7y agoTexas also has no income tax.
- foogazi 7y agoAustin median home price is around 400k and without prop 13
- klipt 7y agoIs that supposed to be high? It's like a quarter of the Bay Area.