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  • creepycoug
    creepycoug Member Posts: 24,066
    BleachedAnusDawg said:

    creepycoug said:

    HoustonHusky said:

    MikeDamone said:

    No.

    Real estate is where it's at

    Real estate blows in Texas...lots of land and it’s the primary method of taxation here on the local and state level. But I agree it’s going to appreciate the same way...all hard assets will.
    True. My uncle is in DWF and is a true Texas convert from the PNW. Loves it down there and is always trying to talk me into moving there to live in the gated golf community he calls home. It's tempting because I could sell my place in Seattle and by 2 and 1/2 places on a course each of which is bigger and nicer than my Seattle place.

    But, the big catch is the proerty tax, which shocked the shit out of me. Texas hits you hard there. It's a huge number. About the only thing worse would be an income tax.
    Property tax increases of substantial amounts are coming to you in King County. The drop in commercial property values due to COVID is going to mean big hikes on residential properties. Straight from the County Assessor's mouth.
    Chinned for the warning, not the content.
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