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re: Do you get more value in Texas than Louisiana (home-buyers)?

Posted on 3/28/14 at 10:45 am to
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 3/28/14 at 10:45 am to
quote:

Who cares about public schools in Louisiana. My parents found a way to send me to a Cathoic private schools on a modest income. It can be done.

That's fine, but you have to add that expense in then if you are going to compare house notes. You also have to add in state income taxes for Louisiana, since in Texas we don't have those.

I went to a private school through high school in Louisiana as well. Sending me to a shithole public school in BR wasn't even an option. But I won't have that expense when I have children.

I lived in Baton Rouge for the first 22 years of my life and moved to Houston in 2009. There is no comparison when talking about housing value.
This post was edited on 3/28/14 at 10:46 am
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22163 posts
Posted on 3/28/14 at 10:45 am to
Why am I in LA then? I'm moving...
Posted by lsupride87
Member since Dec 2007
94971 posts
Posted on 3/28/14 at 10:46 am to
quote:

Who cares about public schools in Louisiana. My parents found a way to send me to a Cathoic private schools on a modest income. It can be done.
Of course it can be done. Or you can live in Texas, not spend the 100K per kid(8k a year for 12 years), and buy a boat, hunting land, and retire 10 years earlier. Or you can be like me, see how it make no freaking sense to stay in New Olreans, but have a wife who refuses to listen because she thinks NOLA is the only place in the world
Posted by TJRibMe
Houston, Mexas
Member since Sep 2004
5214 posts
Posted on 3/28/14 at 10:46 am to
quote:

My parents found a way to send me to a Cathoic private schools on a modest income
All things being equal, that reduced their disposable income. Point being, a healthy public school system can help you to save for an earlier retirement, vacations, or an evening with Dan Bilzerian.
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/28/14 at 10:47 am to
Thanks, I have a few buddies that bought in the historic district that are always busting my ball about the bang for the buck. They still have really nice houses, just price per SF is way more expensive in the decent areas inside the loop. But like you, they are single. I would have done the same if I wouldn't have a family.

I crash on their sofa about once a month when I yank a yard pass
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3468 posts
Posted on 3/28/14 at 10:47 am to
quote:

Believe it. Paid $184,000.00 for over 3,000 SF


Yeah moved to Katy 6 years ago, sold my 1,500sf home built in 1997 in BR for and bought a 3,200sf home built in 2004 for only 30K more. I can take sidewalks from my house to the multiple parks and themed swimming pools, and the schools are great so I don't have to pay for private school. Property taxes are high, but when I factor in no income tax and no private school tuition, I am coming out way ahead.

Other thing to factor in, I make about 25% more in Houston than my friends in Baton Rouge or Lafayette doing the same job with the same experience.
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/28/14 at 10:50 am to
quote:

Other thing to factor in, I make about 25% more in Houston than my friends in Baton Rouge or Lafayette doing the same job with the same experience.


Money talks, another reason I'm here.
Posted by lsupride87
Member since Dec 2007
94971 posts
Posted on 3/28/14 at 10:51 am to
quote:

Yeah moved to Katy 6 years ago, sold my 1,500sf home built in 1997 in BR for and bought a 3,200sf home built in 2004 for only 30K more. I can take sidewalks from my house to the multiple parks and themed swimming pools, and the schools are great so I don't have to pay for private school. Property taxes are high, but when I factor in no income tax and no private school tuition, I am coming out way ahead.

Other thing to factor in, I make about 25% more in Houston than my friends in Baton Rouge or Lafayette doing the same job with the same experience.
Stop rubbing it in. It kills me to stay here
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75172 posts
Posted on 3/28/14 at 10:52 am to
"There's no place like home" factor always prevails at some point and people move back home.
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/28/14 at 10:55 am to
quote:

"There's no place like home" factor always prevails at some point and people move back home.

Funny you say that, for the first year the wife took it rough, she's cool now though. I just passed on a position in BR with my company. Would have been a promotion with the move back. But, BR traffic, violence, crappy schools, crappy politicians, etc. made me choose to stay here. I hate that becuase I have so many friends and family in BR alnog with the vast majority of people living there are truly great people.

ETA: The majority of my friends have also moved to Houston now, so that makes it a little easier....
This post was edited on 3/28/14 at 10:58 am
Posted by PurpleAndGold86
Member since Jun 2012
11036 posts
Posted on 3/28/14 at 10:57 am to
quote:

But, BR traffic, violence, crappy schools, crappy politicians, etc. made me choose to stay here.


Yeah, there really is no comparison between the 2. Baton Rouge is turning into a shithole. That pains me to say that because it is home and I love going back to visit my parents and campus, but other than that its pretty much a shithole.
Posted by ragincajun03
Member since Nov 2007
21203 posts
Posted on 3/28/14 at 11:10 am to
quote:

Plus no state income tax in Texas. That's what people miss out on when they say that the property taxes are higher - that's true, but the lack of income tax balances it out for a lot of people.



Bingo. More dollars stay local rather than being redistributed in Austin, meaning more local amenities and typically better public school systems (so you also don't have to shell out for private school). Plus sales tax rates are typically lower than LA too.
Posted by nikinik
Mid City
Member since Jan 2009
5733 posts
Posted on 3/28/14 at 11:16 am to
You'll be commuting 3 hours a day to work. Property taxes are exorbitant.
Posted by jose canseco
Houston via Houma via BR via NOLA
Member since Jul 2007
5667 posts
Posted on 3/28/14 at 11:18 am to
Yeah. But Texas sucks. I wish I still lived in NOLA
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79153 posts
Posted on 3/28/14 at 11:18 am to
Comparable pricing and better in every possible way.

Hell, you can live in the city of Dallas, with legit public schools, for 300-350k.
Posted by the4thgen
Dallas, tx
Member since Sep 2010
1778 posts
Posted on 3/28/14 at 11:21 am to
Obviously the per foot value is going to be much more reasonable in the suburbs of Dallas and Houston. Its much the same in Baton Rouge and the outlying Livingston housing developments. The big difference is the commute to work is such a major factor for all of the outlying suburbs that they have to incentivize people to sacrifice the location.
Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12268 posts
Posted on 3/28/14 at 11:21 am to
quote:

A few miles from Houston city limits, still in the burbs though. I can be downtown Houston in 45 minutes including average traffic. 30 min no traffic


New Caney?
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/28/14 at 11:23 am to
quote:

Obviously the per foot value is going to be much more reasonable in the suburbs of Dallas and Houston. Its much the same in Baton Rouge and the outlying Livingston housing developments. The big difference is the commute to work is such a major factor for all of the outlying suburbs that they have to incentivize people to sacrifice the location.


You priced housing in Brusly or P'ville lately. Try going to BR at 7:30 AM from Brusly or P'ville lately? No comparison bud.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
38670 posts
Posted on 3/28/14 at 11:32 am to
quote:

Hell, you can live in the city of Dallas, with legit public schools, for 300-350k.


You can buy a 3 br 2 bath 1800 s.f. house in my hood for $300-$350. It's not as big as in the burbs but if you like 10-15 minute commutes and grocery stores, restaurants and bars you can walk or bicycle to, it's the place to be. Many people making $$$$$$ send their kids to Dallas public schools. There are many Magnet High Schools that are rated higher than the suburban high schools.
Posted by ragincajun03
Member since Nov 2007
21203 posts
Posted on 3/28/14 at 11:44 am to
quote:

The big difference is the commute to work is such a major factor for all of the outlying suburbs that they have to incentivize people to sacrifice the location.



Ask someone who works in Lafayette and lives in Milton or Youngsville how that commute works out for them. No difference really there as opposed to a Sugar Land commute to and from Houston for work.
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