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Post by judgegal on Feb 5, 2008 10:21:10 GMT -5
Way to go, allrise! Remind them how tough the Big Apple is. Make it easier for those who really want to come here. I know someone who spent 10 years in Indianapolis waiting to transfer to New York. Sure it's expensive, but you get what you pay for.
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Post by judicature on Feb 5, 2008 10:56:17 GMT -5
Or to put it another way - if you make $120,000 in NYC, you need only earn $63,000 in Wichita, Kansas to have the same standard of living!
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Post by jagghagg on Feb 5, 2008 11:00:07 GMT -5
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Post by shadow on Feb 5, 2008 12:01:45 GMT -5
I live in Olathe, Kansas, a suburb about 20 miles south of downtown KC. Purchased my fairly large 4 bedroom home in a nice older subdivision [lots of big trees and large lots] in 2001 for $155,000. Might be able to sell it now for $180,000 or so. If they send me to NY, I won't be able to buy a parking spot with the proceeds from my house, let alone a roof over my head. . . Guess I'll live in my car. LOL
That said, I'm still going anywhere they offer.
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Post by gromit on Feb 5, 2008 12:14:39 GMT -5
Guess I'll live in my car. LOL I had a 1985 Oldsmobile Delta 88 Royale that was probably as big as a 2 bedroom in Manhattan. I found you one on Autotrader for $2,500. The velour interior looks great. So, for $2,500 plus $1,500 a month in parking, you could have a sweet setup in Manhattan.  |
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Post by shadow on Feb 5, 2008 12:18:25 GMT -5
Thanks Gromit, but I've got my eye on a '63 caddy with the big fins and a leatherette interior. .. ;D
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Post by Propmaster on Feb 5, 2008 13:07:23 GMT -5
I live in Olathe, Kansas, a suburb about 20 miles south of downtown KC. Purchased my fairly large 4 bedroom home in a nice older subdivision [lots of big trees and large lots] in 2001 for $155,000. Might be able to sell it now for $180,000 or so. If they send me to NY, I won't be able to buy a parking spot with the proceeds from my house, little lone a roof over my head. . . Guess I'll live in my car. LOL That said, I'm still going anywhere they offer. I put New York (two locations on the cert), and I would go there, but I didn't score well enough to think I could be anywhere near the top of that pool of people (assuming new York was cited by many New Yorkers as the only city they would go to, and they mostly scored higher than me). I am glad to hear that I am not the only one looking into real estate. I was going to suggest it as a time waster (i.e. distraction) for people, but I thought maybe it was too silly. So far, I have identified homes to purchase in about 1/3 of my locations. I have the advantage of having teeny-tiny areas of each city in which I would live. In Columbus, OH, for example, I would want a house in less than a square mile (between 5th and 70, James and the creek). I also need 2 (preferably 2.5) bathrooms. I have so far found that Cleveland actually gives me the best bang for my buck - I'm leaving (or staying, if I'm either very lucky or very unlucky) 1200 sqaure feet that cost me $175k, and in Cleveland, for $205k I can get 3100 square feet, or for $175 I can get 2100 right where I need to be. Columbus OH is slightly worse than Cleveland for my purposes. It is a lot of fun, and makes me feel like I am doing something useful (even though I'm not). |
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Post by oldjag on Feb 5, 2008 14:31:44 GMT -5
Don't overlook the smaller offices and cities. A classmate went to West Virginia and now won't leave. Go figure! ;-)
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Post by govtattorney on Feb 5, 2008 14:37:50 GMT -5
all that glitters ain't gold. look closer at cleveland. property taxes are over 2% in most municipalities. cleveland plain dealer has an article on this. do a google search on property taxes and cleveland. your "bang for the buck" is really best in florida - no income tax and low property taxes. owning a home in cleveland is as expensive (when adding all the costs) as owning a home in a major market.
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Hans
New Member
Posts: 3
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Post by Hans on Feb 5, 2008 18:34:06 GMT -5
all that glitters ain't gold. look closer at cleveland. property taxes are over 2% in most municipalities. cleveland plain dealer has an article on this. do a google search on property taxes and cleveland. your "bang for the buck" is really best in florida - no income tax and low property taxes. owning a home in cleveland is as expensive (when adding all the costs) as owning a home in a major market. While FL has no income tax, property taxes are really not low (at least in the Miami/Fort Lauderdale area which is the only FL city on the cert). The tax rates may be comparatively low with other cities (I am not sure), but with housing prices that in my opinion are relatively expensive ($400,000 - $600,000 for a reasonably nice house in a reasonably nice area) real estate taxes are high ($10,249 on a $500,000 house in Miami). Also, do not forget to factor in the cost of hurricane insurance which can easily run over $6,000 per year, $1,000 for homeowners insurance, and a very high rate on automobile insurance as compared to the Midwest. |
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Post by tootsie on Feb 5, 2008 19:15:18 GMT -5
It's hard to gauge property taxes from afar, but I am guessing that our (upstate) NYS property taxes have to be among the highest in the nation. We pay over $5,000 (combined property and school taxes) on a house valued at less than 250K. PLUS, we have NYS income tax! So, I wonder if, by comparison, we pay more or less than in Florida where there's no income tax? I looked up a website that explained the various States income tax (I'm sorry that I don't have the link, but it's easy to find on Google) but you know, just when you think you've got it figured out, there always some other tax!
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Post by globalpanda on Feb 5, 2008 23:34:26 GMT -5
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Post by tootsie on Feb 6, 2008 7:57:48 GMT -5
GP- That taxadmin site was very interesting!
If I get to stay here in my old job at least I can say: "things could've been worse!" haha!
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Post by deadwood on Feb 6, 2008 9:38:40 GMT -5
While FL has no income tax, property taxes are really not low (at least in the Miami/Fort Lauderdale area which is the only FL city on the cert). The tax rates may be comparatively low with other cities (I am not sure), but with housing prices that in my opinion are relatively expensive ($400,000 - $600,000 for a reasonably nice house in a reasonably nice area) real estate taxes are high ($10,249 on a $500,000 house in Miami). Also, do not forget to factor in the cost of hurricane insurance which can easily run over $6,000 per year, $1,000 for homeowners insurance, and a very high rate on automobile insurance as compared to the Midwest. Homeowners and hurricane insurance rates are even higher if you happen to live east of I-95. |
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Post by southerner on Feb 6, 2008 10:52:24 GMT -5
Though I have a preference to stay in my home area, plus I figure a lot of people aren't all that interested in living in NOLA over the next few years, I am quite open to any of the 71 sites. Preliminarily, we have discussed what we would like and proximity issue. Right now we have a large house (3,600 sq.ft.) with 13-foot ceilings, so we are cognizant that we will not be likely to have a comparable size elsewhere except at prohibitive pricing. That means some furniture will be jettisoned (9 1/2-foot tall armoires just can't fit everywhere). Plus, being spoiled by being 8 minutes from my downtown office, we would consider choosing a residence (house or condo) that is close to office location. We have not looked at site-specific housing yet, but hopefully will have reason to in the next 4 weeks or so.
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Post by morgullord on Feb 6, 2008 10:55:30 GMT -5
My advice is to try to avoid locations where teeth still in the mouth are considered bling.
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Post by Propmaster on Feb 7, 2008 14:05:53 GMT -5
all that glitters ain't gold. look closer at cleveland. property taxes are over 2% in most municipalities. cleveland plain dealer has an article on this. do a google search on property taxes and cleveland. your "bang for the buck" is really best in florida - no income tax and low property taxes. owning a home in cleveland is as expensive (when adding all the costs) as owning a home in a major market. Thanks for the heads up. I hope I have to worry about it! |
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Post by oldjag on Feb 7, 2008 14:26:23 GMT -5
Morgullord,
In West Virginia we say we invented the toothbrush because it wasn't called the teethbrush. However, what is a good Georgia boy doing using the word "bling"? I moved to WV a long time agao and I like it a lot. I get a lot of house for the money.
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Post by morgullord on Feb 7, 2008 14:36:46 GMT -5
Oldjag,
I am a Pennsylvanian by birth and the Grace of God; I have been a pilgrim in this southern land for many years (the Army brought me here) but it is not yet time for me to return from my self-imposed exile to my native heath. I had "adventures" in WVA in my younger days.
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Post by morgullord on Feb 7, 2008 14:59:09 GMT -5
The statue of limitations does not toll in WV in situations where you buy a girl her first pair of shoes and then don't marry her.
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