General Discussion
In reply to the discussion: California housing crisis affecting middle class the most: It's 'a broken system' [View all]sarah FAILIN
(2,857 posts)I'm glad older folks can stay in their homes without worrying about losing their homes to the tax man. Here even though taxes are low, the elderly are exempt from paying tax once they hit 65 I think.
Here in Alabama, I have 2 houses. I live in the one that is just under 5k sq feet with about 7 acres of land and rent out the one in a subdivision on a half acre. My tax bill for both places was $1260 this year. This is why I encourage people to consider retiring here. All the costs are low from actual housing to utilities and groceries. The more like minded people I can interest in retiring here, the more likely this state goes and stays blue. I'd like to see that happen. The weather isn't really that bad either. It's 40 right now, but I walked out in the back barefoot earlier. People that actually own a home and could sell out in a state like Ca to make a large amount on the house could make their nest egg go a long way in a state like Al.