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re: Real estate in BTR is stupid right now.

Posted on 8/31/16 at 8:45 am to
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 8/31/16 at 8:45 am to
quote:


First of all property taxes on that 230K home in texas will run you around 8-9K a year...


Nope.

quote:

Live Oak Schools are every bit as good (especially demographics) when compared to these schools on the outskirts of Austin.


Maybe but doubtful.

I
quote:

'm sure that your rebuttal will touch on the lack of income taxes


Absolutely.
quote:


Basically, Louisiana housing is more affordable for the lower income worker when property taxes are also considered.


Im not talking about low income housing. A low income person by BR standards shouldn't be spending $230k on a home 20+ miles from their job site.

A person performing your typical white collar job in Austin will make at least a few grand more, btw.
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