Originally Posted by
iahflyr
I have spent half my adult life in Texas and half my adult life in California. I would say taxes in Texas are about 80% of California.
Someone above literally just posted a legitimate source stating 65% and for the average married legacy pilot it’s even worse to live in CA and you go “I would say taxes are about 80%” LMAO unreal assessment buddy, what a genius we have here ladies and gentlemen.
Originally Posted by
iahflyr
Texas property taxes are awful. A 1 million dollar home in CA at ~1% property tax vs. a 500k home in Texas at ~2% property tax is the same amount of total tax dollars. However I would much rather have the home worth a million dollars because I’m getting double the home price appreciation at the same amount of property tax burden.
The most bizarre take I’ve read in a very long time. You’re obviously a boomer with built wealth. Think about a kid fresh out of college starting a career. You have to be able to afford that $1 million home first to receive “double the appreciation”. Most won’t be able to afford anything close to that in Cali until their late 30’s early 40’s. Years and years burning money on rent with ZERO appreciation. Big time L. Heck that might be an even bigger L than being hired at FedEx in the last few years.