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re: WSJ: There’s Never Been a Worse Time to Buy Instead of Rent (Housing Market board)

Posted on 10/23/23 at 4:19 pm to
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6637 posts
Posted on 10/23/23 at 4:19 pm to
quote:

We'd have to know the denominator to know if this is noteworthy or not.


An averaged size house in Austin/Dallas/Houston proper will probably be north of $1000 a month in property taxes as you're at roughly a $550-600k home valuation to be in that range.
Posted by Big Scrub TX
Member since Dec 2013
33651 posts
Posted on 10/23/23 at 4:43 pm to
quote:



An averaged size house in Austin/Dallas/Houston proper will probably be north of $1000 a month in property taxes as you're at roughly a $550-600k home valuation to be in that range.
So 1.5-2% property tax in a no-income-tax state? Doesn't seem that bad to me.
Posted by BHTiger
Charleston
Member since Dec 2017
5128 posts
Posted on 10/23/23 at 6:43 pm to
quote:

averaged size house in Austin/Dallas/Houston proper will probably be north of $1000 a month in property taxes as you're at roughly a $550-600k home valuation to be in that range.


Good GAWD that is theft. My house is 550-600k in SC and less than 2k per year.
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