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The locals have been mostly gentrified. There is no Prop 13 in TX, it’s a low-service state, so it all rolls down to property valuation and tax rate.
by hindsightbias 6y ago
The locals have been mostly gentrified. There is no Prop 13 in TX, it’s a low-service state, so it all rolls down to property valuation and tax rate.
- majormajor 6y agoI'm not sure what you're saying. Do you think those things make Austin immune to any problems that could be caused by increased income inequality?
- hindsightbias 6y agoWhen I went to UT, you could be poor. You could be retired and live in Travis Heights. You can’t do those things now, because there’s no rent control, and your 1400 sqft bungalow is valued at $1.5M and your tax rate is $2/$100 valuation and going up 20% next year. The difference is Gov. Abbott will eventually drive those icky poor/homeless under the overpass out by taking over APD and busing them to CA. Progress. /s
- briandear 6y agoI am not sure what you mean by “low service.” I have lived in both places and I greatly prefer not paying $800 a year to register my car. And the roads in Texas? Far better than California. And gas prices? Dramatically cheaper. If low service means that, then yes, sign me up. I don’t see much value in California “services.”