News for hackers. Stuff that matters.

A comment on Goodbye, New York, California and Illinois – Hello where?. Parent comment

Re:Goodbye, New York, California and Illinois – Hello where? by GhettoChild on Friday January 17, 2020 @07:04PM (#22081056)
The main difference I see between Illinois and CA/NY is that the cost of housing is MUCH more reasonable so that the overall cost of living in the area is MUCH more reasonable.
[ Parent | on HN ]
Re:Goodbye, New York, California and Illinois – Hello where? by charlesu on Friday January 17, 2020 @07:31PM (#22081209)
It's not more reasonable when you consider the property taxes. A $350,000 house looks great until you factor in $10,000 annual property taxes.
[ Parent | on HN ]
Re:Goodbye, New York, California and Illinois – Hello where? by GhettoChild on Friday January 17, 2020 @07:50PM (#22081335)
Even when taking property taxes into account it is. look up how much comparable homes to that 350k home in illinois are in NY/CA and how much their property taxes are in addition to that significantly higher home prices.
[ Parent | on HN ]
Re:Goodbye, New York, California and Illinois – Hello where? by lotsofpulp on Friday January 17, 2020 @08:23PM (#22081488)
And you have significantly fewer opportunities to earn income.
[ Parent | on HN ]
Re:Goodbye, New York, California and Illinois – Hello where? by sk5t on Friday January 17, 2020 @11:36PM (#22082300)
3% FMV property tax is pretty rough, but do you get a tolerable school system as part of that bargain?
[ Parent | on HN ]