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That’s probably one of the reasons real estate prices are so high.
by pyuser583 4y ago
That’s probably one of the reasons real estate prices are so high.
- cwalv 4y agoIt's definitely One of the reasons. I've compared some real estate prices in some low-cost areas to relatively high-cost areas, and found that once factoring in property tax, the actual cost was close to the same.
- pyuser583 4y agoI was comparing buying real estate in a high end part of Chicago with San Francisco. The places cost the same per month. But in SF, almost all of that was going to the premium/interest. In Chicago, a massive amount was going to taxes and HOAs.