Americans need a six-figure salary to afford a new home in most cities

Re:Americans need a six-figure salary to afford a new home i... by Always_Anon on Saturday November 11, 2023 @04:19AM (#38228722)

That's not true for Texas. In Texas, the entire costs of suburbs are paid for in property taxes and utility district fees and bonds. Texas is one of the few states where the majority of taxes collected by the state are property taxes.

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Re:Americans need a six-figure salary to afford a new home i... by guestbest on Saturday November 11, 2023 @01:33PM (#38233067)

Thanks. This is why I brought up Texas. Only the schools funding are from a pool of property taxes due to the ‘Robin Hood plan’ from the 90s. Local roads are country or city maintained from taxes. And the state roads are from state taxes. It’s all logically laid out.

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