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re: Best predictions for Real Estate Markets 1-3 yrs
Posted on 10/17/24 at 3:47 pm to scottydoesntknow
Posted on 10/17/24 at 3:47 pm to scottydoesntknow
quote:
scottydoesntknow
Read comment above. They will drop. It's exact opposite as you suggest. There isn't enough money out there amongst families to keep houses prices rising.
Posted on 10/17/24 at 4:35 pm to JohnnyKilroy
quote:
Where is that? My house in Texas was 800k and we paid like 1100/month in property taxes. Which is pennies compared to what I pay in property/income tax in Louisiana.
This has to be the exception to the rule. Tax on 800k home in EBR would be like $650/mo. State tax on $100k is $300/mo.
You have to clear $200k/yr+ before Texas tax seems more reasonable.
Posted on 10/17/24 at 5:59 pm to lsuconnman
quote:
Tax on 800k home in EBR would be like $650/mo.
Add about 200 to that for my house in Jefferson parish. It’s absurd.
This post was edited on 10/17/24 at 10:01 pm
Posted on 10/17/24 at 6:22 pm to Paul Allen
quote:Exponential? Really?
Exponential increases in property taxes with no end in sight.
Posted on 10/17/24 at 6:31 pm to WhiteRussianDude
Simply put
As rates drop, demand picks up and prices should increase
As rates drop, demand picks up and prices should increase
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