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re: 'Unprecedented': Property tax bills have reached double value for Texas homeowners
Posted on 6/18/22 at 11:02 pm to Mingo Was His NameO
Posted on 6/18/22 at 11:02 pm to Mingo Was His NameO
Depends where he lives, coming from west St. Tammany I would have been better to stay in LA. We were looking in some of the lowest tax areas for the Houston metro area and were still looking at 8400-12000 a year in taxes.
I need to be making 200K+ in LA to make those even out.
I need to be making 200K+ in LA to make those even out.
0
Posted on 6/19/22 at 11:43 am to SPEEDY
Cry me a fricking river with this thread. First of all, whatever extreme anecdotes have been dug up are just that - at the very least, not representative at all of the overall market - and likely due to the landowner gaming the system for years.
Second, the absurd "it costs the same to run the government so my taxes should never float with my property valuation" mantra; this from the same people who are CONSTANTLY whining about Biden's inflation. Let's just take a simple example like roads - really? No inflation in maintenance/construction costs? GTFO. Schooling, with hundreds of thousands of new students from the wretched high-tax states pouring in, just magically stays the same cost? Oh, and if housing prices go down, then the assessments go down too - they're not just one direction, as is often claimed. Just see 2007 - 2009.
Third - if you can't easily afford your home if your assessment goes up 20% over 5 years (almost CERTAINLY lagging the actual market value of your home), then that means you can't afford your home NOW. So sell it, and take the gains and go rent.
Fourth - oh, whoa is my little pretend libertarian heart, property taxes are EVIL!!!! They've only been around since the 1000s - and in some form or another in this country for over 200 years.
Fifth - constantly bragging about exiles from CA moving to places like TX...but then let's just pretend supply and demand effects don't exist!
I guess if even Texas is going to subscribe to the 1000 year old communist practice of funding local government with property taxes, then there really is nowhere to hide - except for Sealand. Better hope your bitching and whining doesn't cause them to rethink their principles and start taxing pusses and cucks.
Second, the absurd "it costs the same to run the government so my taxes should never float with my property valuation" mantra; this from the same people who are CONSTANTLY whining about Biden's inflation. Let's just take a simple example like roads - really? No inflation in maintenance/construction costs? GTFO. Schooling, with hundreds of thousands of new students from the wretched high-tax states pouring in, just magically stays the same cost? Oh, and if housing prices go down, then the assessments go down too - they're not just one direction, as is often claimed. Just see 2007 - 2009.
Third - if you can't easily afford your home if your assessment goes up 20% over 5 years (almost CERTAINLY lagging the actual market value of your home), then that means you can't afford your home NOW. So sell it, and take the gains and go rent.
Fourth - oh, whoa is my little pretend libertarian heart, property taxes are EVIL!!!! They've only been around since the 1000s - and in some form or another in this country for over 200 years.
Fifth - constantly bragging about exiles from CA moving to places like TX...but then let's just pretend supply and demand effects don't exist!
I guess if even Texas is going to subscribe to the 1000 year old communist practice of funding local government with property taxes, then there really is nowhere to hide - except for Sealand. Better hope your bitching and whining doesn't cause them to rethink their principles and start taxing pusses and cucks.
Posted on 6/19/22 at 11:53 am to Sun God
quote:
It’s embarrassing that you even found that graphic much less posted it
Stay mad but it is the truth. The car centric urban "planning" of modern American cities have ruined them.
The land is not used efficiently and we have way too much valuable land wasted with roads and freeways that just create more demand for cars.
Mixed use, walkable neighborhoods are better for everyone.
You can bury your heads in the sand but the suburbs will bankrupt us all because they cost infinitely more to maintain than the city core.
Posted on 6/19/22 at 11:54 am to SPEEDY
It's been that way recently in Eastern Tennessee. Our house has at least doubled in value since we bought it in 2017. I'm just glad we bought it when we did. Our mortgage wouldn't even pay for a one bedroom apartment now.
Posted on 6/19/22 at 11:55 am to Big Scrub TX
quote:
Big Scrub TX
sho is mad.
Posted on 6/19/22 at 11:57 am to jclem11
quote:
maintain than the city core.
that's the key to cities though, they arent maintained. generally considered crime ridden.
moving everybody to the cities would be a disaster.
Posted on 6/19/22 at 11:58 am to tiggerthetooth
quote:
Cities are absolute psychological hell holes and you have your super rich and your dirt poor. Crime is highest in the cities, taxes are highest in the cities. Really nice to live.
Dude you are boxing with ghosts and not engaging with my point.
I am a city dweller and admit my bias but I love rural areas and the wilderness as well.
I am simply posting the data that suburbs are a net drain on society and should be nuked form existence.
Noone on this board is capable of engaging the fact that suburbs are unsustainable and have ruined all American cities as we are now all dependent on cars.
Mixed use, walkable and bike friendly neighborhoods will benefit us all as a society.
Most of this board is too fat to see their own dick, so it is not suprising they are so wed to shitty suburb life.
I am right on this topic and you can all stay mad.
Posted on 6/19/22 at 11:59 am to jclem11
quote:
The car centric urban "planning" of modern American cities have ruined them.
The land is not used efficiently and we have way too much valuable land wasted with roads and freeways that just create more demand for cars.
Mixed use, walkable neighborhoods are better for everyone.
Your delivery kind of sucks, but you are spot on with this.
And ignoring all that, there's nothing better than an old neighborhood with a couple of walkable restaurants and markets that have been there and owned by the same family forever.
But fat rednecks need three quarters of an acre to park their truck and let their dog shite all over
Posted on 6/19/22 at 12:00 pm to jclem11
quote:
I am simply posting the data that suburbs are a net drain on society and should be nuked form existence.
Noone on this board is capable of engaging the fact that suburbs are unsustainable and have ruined all American cities as we are now all dependent on cars.
They're obviously not capable of understanding what you are saying.
No one is saying get rid of St Francisville. But places like Farmers Branch and the Woodlands suck
Posted on 6/19/22 at 12:07 pm to Big Scrub TX
quote:
the absurd "it costs the same to run the government so my taxes should never float with my property valuation" mantra; this from the same people who are CONSTANTLY whining about Biden's inflation.
The point was not that they should never increase the value but that the value of a home when it comes to property taxes should ONLY move with inflation until that home is sold and it resets to current value. The cost per capita of running the government does NOT increase 100% in 3 years.
Posted on 6/19/22 at 12:09 pm to Mingo Was His NameO
quote:
Your delivery kind of sucks, but you are spot on with this.
True. I need to work on the delivery. This topic and the replies just trigger me so much.
quote:
And ignoring all that, there's nothing better than an old neighborhood with a couple of walkable restaurants and markets that have been there and owned by the same family forever.
Based. Exactly but most cities waste so much land with shitty roads and stroads everywhere and giant parking lots b/c of retarded parking minimums that most neighborhoods are ruined.
I have a few things I can walk to in my neighborhood but the neighborhood is fricked by a 4 lane stroad that makes everything noisier and dirtier due to the constant car traffic. I still walk everywhere I can but it would be much better with less car traffic.
Master Planned Communities are the stupidest idea that has ever been implemented and need to stop being approved.
This post was edited on 6/19/22 at 12:13 pm
Posted on 6/19/22 at 12:11 pm to NOLAVOL16
quote:
The cost per capita of running the government does NOT increase 100% in 3 years.
Neither do your property taxes
Posted on 6/19/22 at 12:12 pm to jclem11
Most of the people living in cities wouldn’t be able to afford to live there at all if there were no suburbs. All those people living in million dollar McMansions would instead be bidding up the price of city apartments and condos.
And I actually hate mixed use developments. They are fun for a couple of months until you get tired of eating at the same place but then you still have to deal with the foot/car traffic and the noise that comes with living in a commercial area. No thanks. Prefer my peace and quiet.
And I actually hate mixed use developments. They are fun for a couple of months until you get tired of eating at the same place but then you still have to deal with the foot/car traffic and the noise that comes with living in a commercial area. No thanks. Prefer my peace and quiet.
Posted on 6/19/22 at 12:15 pm to NOLAVOL16
quote:
Most of the people living in cities wouldn’t be able to afford to live there at all if there were no suburbs.
Would cities be so expensive if the suburbs and master planned communities never existed? It's a chicken and egg thing.
quote:
Prefer my peace and quiet.
Then live in a rural area. There's nothing peaceful or quiet about suburbs anyway.
Posted on 6/19/22 at 12:15 pm to jclem11
quote:
Mixed use, walkable and bike friendly neighborhoods will benefit us all as a society.
says who?
Posted on 6/19/22 at 12:20 pm to SPEEDY
It’s the government robbing it’s citizens of their wealth.
Raise taxes so high people can’t afford to pay, seize the property. Either sell and keep the profits, or a politician steps in and buys it from the state at penny’s on the dollar.
Raise taxes so high people can’t afford to pay, seize the property. Either sell and keep the profits, or a politician steps in and buys it from the state at penny’s on the dollar.
Posted on 6/19/22 at 12:20 pm to HooDooWitch
quote:
Raise taxes so high people can’t afford to pay, seize the property. Either sell and keep the profits, or a politician steps in and buys it from the state at penny’s on the dollar
Well, that's not at all how it works, but sure
Posted on 6/19/22 at 12:23 pm to Mingo Was His NameO
quote:
Morris calls it “the start," because here's how much Collin County officials say they need for roads over the next three to four decades: $12.6 billion.
You want the problem with North Texas in a few numbers? Let's go.
$12.6 billion: The amount Collin County says it needs to spend on new roads in the next 30 years.
$12.6 billion is a really big number, and big numbers are hard to parse—at a certain point, to most people, "big" just looks "big." So here, let's contextualize it:
$420 million: What that averages out to per year.
$381 million: The total annual budget for the entire Collin County government.
$343 million: The total annual budget for the city of Plano, Collin County's largest city (home to about 3 in 10 county residents).
Okay. So we're talking about an amount equivalent to more than the county's entire budget right now, and a really sizable fraction even if we add cities (which provide more services than the county itself, and which are responsible for maintaining local streets) into the mix. But roads are important. They're one of the most important things government does, right?
So let's contextualize this number a different way:
$124 billion: The total value of all taxable real estate in Collin County in 2018 (FY2018 budget page 31).
The amount they're asking for over 30 years is about 10% of that. If you own a $300,000 house, we're talking about $30,000, or $1,000 per year.
$1,000 per year: The approximate amount "needed" for new roads per $300,000 of property value.
$6,623 per year: The estimated annual property tax bill in 2018 of a McKinney, TX homeowner living in a $300,000 house.
LINK
Some actual data showing how expensive and unsustainable the car culture is. The money they need to prepare for new roads is larger than the entire fricking budget but keep burying your heads in the sand suburb bros. There are more examples at the link.
Posted on 6/19/22 at 12:25 pm to Mingo Was His NameO
quote:
Would cities be so expensive if the suburbs and master planned communities never existed? It's a chicken and egg thing.
It’s really not. Suburbs reduce demand for city housing, thereby lowering the cost of said housing.
Suburbs became a thing because:
1. A large number of people don’t really like living on top of other people and dealing with the city filth but still needed to be close enough to work there.
2. The higher cost and crowding of the cities forced expansion into previously rural/cheaper areas.
What is your definition of “master planned community”? Because it seems to me that you’re touting one type of planned community while denigrating another.
Posted on 6/19/22 at 12:31 pm to jclem11
I mean, if we want to save even more money then we could just force everyone to live in 500 sqft apartments or maybe even under their desks at their place of work like they attempt to do in China. I assume youre a rational person and don’t favor that, which means that at some point quality of life has to be considered. Our difference comes down to where we draw that line.
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