Re:Oracle Moving HQ to Austin
by hindsightbias on Friday December 11, 2020 @04:53PM
(#25391687)
The locals have been mostly gentrified. There is no Prop 13 in TX, it’s a low-service state, so it all rolls down to property valuation and tax rate.
I am not sure what you mean by “low service.” I have lived in both places and I greatly prefer not paying $800 a year to register my car. And the roads in Texas? Far better than California. And gas prices? Dramatically cheaper.
If low service means that, then yes, sign me up. I don’t see much value in California “services.”
Re:Oracle Moving HQ to Austin
by majormajor on Friday December 11, 2020 @04:57PM
(#25391748)
I'm not sure what you're saying. Do you think those things make Austin immune to any problems that could be caused by increased income inequality?
Re:Oracle Moving HQ to Austin
by hindsightbias on Friday December 11, 2020 @05:22PM
(#25392212)
When I went to UT, you could be poor. You could be retired and live in Travis Heights. You can’t do those things now, because there’s no rent control, and your 1400 sqft bungalow is valued at $1.5M and your tax rate is $2/$100 valuation and going up 20% next year.
The difference is Gov. Abbott will eventually drive those icky poor/homeless under the overpass out by taking over APD and busing them to CA. Progress. /s
Re:Oracle Moving HQ to Austin
by throwaway201103 on Friday December 11, 2020 @05:08PM
(#25391953)
I was thinking that Austin didn't have zoning, but that's actually Houston.
Re:Oracle Moving HQ to Austin
by da_big_ghey on Friday December 11, 2020 @09:15PM
(#25394673)
No, I'm specifically worried about things that coastal California residents tend to support, beyond things like increasing cost of living. Higher taxes and firearms restrictions are probably the two highest among them.
NIMBYism and desires for high-paying jobs cut across the American political spectrum.
(Existing property owners in Austin, however, may be ecstatic if their property is suddenly priced like SF value... but that doesn't mean they're gonna want to relax zoning and increase density and change the shape and character of their neighborhoods, like we're told is the answer for SF.)
(And of course, fleeing higher prices by nature means that *demand is overall higher in the place you're leaving. Which makes it hard to say it's been "ruined.")