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A comment on If San Francisco is so great, why is everyone I love leaving?. Parent comment

Re:If San Francisco is so great, why is everyone I love leav... by eweise on Saturday February 02, 2019 @11:57AM (#19064033)
California property taxes about are about 1.5%, not 6.5%
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Re:If San Francisco is so great, why is everyone I love leav... by panzagl on Saturday February 02, 2019 @01:45PM (#19064805)
I think they mean the houses are 5x cheaper, but tax is 5x higher, therefore they wouldn't want to buy a 'mansion' in Texas
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Re:If San Francisco is so great, why is everyone I love leav... by techslave on Saturday February 02, 2019 @03:35PM (#19065526)
he means that you end up paying the same in property tax, even tho the house itself is much (6.5x) cheaper. and the tax payment comes out of your cash flow, not your assets.

but he’s not taking into account other reductions in expense, like no state income tax.

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