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Started By
Message
Daughter's So Cali mortgage went up about $500. mo due to tax increases. Crazy.
Posted on 7/6/19 at 4:52 am
Posted on 7/6/19 at 4:52 am
They live between Santa Barbara and L.A. in a decent sized town where husband is in the Military. He has requested and been awarded a transfer for several reasons. Not the least of which is they can't save money and live in the People's Republic of California. They earn over $140K yr between the two and both were comfortable saving 10% month but no more. They have one child and live in a modest 1500 square foot home that would be $140K in Georgia but cost them $650K in Camarillo, Ca. a couple of years ago. The mortgage payment on their shack is close to $4800 a month on a 15 year mtg I believe. But it may be longer. Scary! Thank you Democrats.
21
Posted on 7/6/19 at 4:56 am to jimdog
What tax law increased their mtg payment?
Posted on 7/6/19 at 5:03 am to jimdog
They’re paying $57,600 a year on a mortgage, and their pre-tax income is ~140k? Add to that a kid and saving 10%.
I’m not saying it can’t be done, I’m just a little surprised by those numbers.
And a military guy is going to put the better part of a million dollars into a house.
I’m not saying it can’t be done, I’m just a little surprised by those numbers.
And a military guy is going to put the better part of a million dollars into a house.
Posted on 7/6/19 at 5:21 am to jimdog
I would say being ordered to live there is the only reason anyone would stay in California.
Posted on 7/6/19 at 5:32 am to jimdog
Calexit gaining steam. When everyone working leaves who's paying the bill.
Posted on 7/6/19 at 5:52 am to jimdog
Posted on 7/6/19 at 6:13 am to jimdog
Within ten years, blue states are going to be agitating for "transfer payments" from successful ones to balance their budgets.
Posted on 7/6/19 at 6:16 am to jimdog
Need that extra money to remove more "whitey" featured art like the George Washington painting in San fran
Posted on 7/6/19 at 6:52 am to jimdog
Hope they're enjoying paying for Pablo and his family of illegals
Posted on 7/6/19 at 6:59 am to jimdog
Yet the Kardashians, Cher, Rosie, all living in mansions and all of the wealthy Hollywood celebs have two shits to give.
Posted on 7/6/19 at 7:04 am to jimdog
Good news is I’m pretty sure in California they can just throw the keys at the lender and can’t be sued for any deficiency. So if they don’t have equity, they can just bail. One of the main reasons for stupid high home prices there.
Posted on 7/6/19 at 7:44 am to jimdog
quote:
They live between Santa Barbara and L.A
Problem found. Why would anyone choose to live in that communist country.
Posted on 7/6/19 at 8:10 am to jimdog
quote:
They live between Santa Barbara and L.A. in a decent sized town where husband is in the Military.
Maybe Jody will kick in some $ to help out.
Posted on 7/6/19 at 9:11 am to jimdog
Thought property taxes were capped in California and only change when the home is sold?
Posted on 7/6/19 at 10:25 am to jimdog
Ok. I can't half hear. The payment is now $3800 (roughly) a month, not 4800. Still outrageous and the increase was taxation per my daughter but it might be connected to the fires, etc. In any event they are getting the hell out of there so they can live normally and save for buying a farm and raising cows some place in the mid to upper south.
This post was edited on 7/6/19 at 10:43 am
Posted on 7/6/19 at 11:01 am to jimdog
quote:
They live between Santa Barbara and L.A. in a decent sized town where husband is in the Military. He has requested and been awarded a transfer for several reasons. Not the least of which is they can't save money and live in the People's Republic of California. They earn over $140K yr between the two and both were comfortable saving 10% month but no more. They have one child and live in a modest 1500 square foot home that would be $140K in Georgia but cost them $650K in Camarillo, Ca. a couple of years ago. The mortgage payment on their shack is close to $4800 a month on a 15 year mtg I believe. But it may be longer. Scary! Thank you Democrats.
Actually housing has become quite affordable in CA, you just can't be too picky,
Posted on 7/6/19 at 11:02 am to jimdog
Based on your math, after paying federal, state and local California taxes they have left over about $1500 a month to pay for auto, fuel, insurance, home insurance, clothes, food, personal healthcare insurance, life insurance, childcare, education expenses, utilities, phone service, upkeep and maintenance.
Not saying you're wrong, but I just don't see the math working out.
Not saying you're wrong, but I just don't see the math working out.
Posted on 7/6/19 at 11:04 am to jimdog
I can't imagine why people continue to live there but I'm glad they do. We need to keep the Californians contained least infect the rest of America.
Posted on 7/6/19 at 1:56 pm to jimdog
It's a funny cycle California has created. Raise taxes to pay for pensions and free shite, and create more homelessness. Raise taxes to help the increased homelessness and that creates more people without homes.
California will not be able to sustain what they are doing, and they will expect the nation to bail them out.
California will not be able to sustain what they are doing, and they will expect the nation to bail them out.
Posted on 7/6/19 at 2:06 pm to jimdog
Sounds like on-base housing is the way to go in CA.
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