5 ms·

This just isn’t true

• nradov 2y ago
  [flagged]
  • dang 2y ago
    "Don't be snarky." "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
  • AnthonyMouse 2y ago
    This is Texas: https://fred.stlouisfed.org/series/TXSTHPI https://fred.stlouisfed.org/series/TXSTHPI It's worse in San Francisco, but it's a nation-wide problem.
    • eitally 2y ago
      I would argue that it's worse now in high COL TX metros than it is in the bay area, because even if home values are still lower in Austin, for example, Texas property taxes are brutal compared to CA and have increased dramatically [in line with property value appreciation], which Prop 13 doesn't allow to happen in CA.
      • AnthonyMouse 2y ago
        I mean it's not just Texas either. Florida: https://fred.stlouisfed.org/series/FLSTHPI https://fred.stlouisfed.org/series/FLSTHPI Pennsylvania: https://fred.stlouisfed.org/series/PASTHPI https://fred.stlouisfed.org/series/PASTHPI Virginia: https://fred.stlouisfed.org/series/VASTHPI https://fred.stlouisfed.org/series/VASTHPI Vermont: https://fred.stlouisfed.org/series/VTSTHPI https://fred.stlouisfed.org/series/VTSTHPI Tennessee: https://fred.stlouisfed.org/series/TNSTHPI https://fred.stlouisfed.org/series/TNSTHPI
  • olyjohn 2y ago
    I can tell you haven't ever actually shopped for housing outside of a major city.