Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

haele

(15,403 posts)

23. However, the property tax on that home in California is half that in TX.

Reply to Demovictory9 (Reply #19)

Thu Apr 28, 2022, 09:53 AM

Apr 2022

Waiting to see some "Taxbuster" pull a Prop 13 on Texas like they did in CA, hiding all sorts of carve-outs for businesses and "investment property" under the guise of saving Grannies from eviction due to tax liens.

Haele

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

37 replies

= new reply since forum marked as read

Highlight:

Texas homeowners reeling after property tax appraisals skyrocket [View all] Demovictory9 Apr 2022 OP

Awwww NJCher Apr 2022 #1

They cap out property taxes at no more then 3 percent a year. jimfields33 Apr 2022 #7

Who is they? The cap is 10% in Texas Igirl Apr 2022 #10

I live in Florida. I guess I should have specified. jimfields33 Apr 2022 #12

Well you can edit. Kingofalldems Apr 2022 #32

In 2020 Trump won that county. Play stupid Trump games, win stupid Trump prizes. Celerity Apr 2022 #2

I love DU lindysalsagal Apr 2022 #33

The price that people have to pay to live in a small town TexasTowelie Apr 2022 #3

Thye same thing is happening in Austin, though greenjar_01 Apr 2022 #17

I have more sympathy because without moonscape May 2022 #37

Coming to your town real soon. Aussie105 Apr 2022 #4

Some day homes might only be owned by the rich and rented to us average folk. Ziggysmom Apr 2022 #5

And selling your home for more means you'll probably pay more Buckeyeblue Apr 2022 #8

Not probably pay more. Rents will rocket Igirl Apr 2022 #11

Same in Michigan Buckeyeblue Apr 2022 #13

My niece and her family live in McKinney, mnhtnbb Apr 2022 #6

Sit back, relax and taste the Freedumb! hatrack Apr 2022 #9

Bingo inthewind21 Apr 2022 #24

Migration Johnny2X2X Apr 2022 #14

It went up more than $75K? Does he live in a 4 million dollar home? tanyev Apr 2022 #15

I think the article is poorly written. I suspect he meant the valuation of his home went up $75K. mnhtnbb Apr 2022 #18

Agreed. I wish more reporters knew math. BlueCheeseAgain Apr 2022 #29

Not just a $4 million home, a home whose value increased by $4 million. BlueCheeseAgain Apr 2022 #28

There are multimillion dollar homes in Collin County. tanyev Apr 2022 #30

For reference the Southfork site from.the Dallas series is near Lucas JCMach1 Apr 2022 #16

And 360k would be a bargain for a Californian moving to Tx Demovictory9 Apr 2022 #19

However, the property tax on that home in California is half that in TX. haele Apr 2022 #23

Not true inthewind21 Apr 2022 #25

That 360K is now a 'starter' house... We have lots of CA JCMach1 Apr 2022 #34

in southern Calif. 360k will get a one bed one bath condo. so yeah, California go crazy Demovictory9 Apr 2022 #35

Kick dalton99a Apr 2022 #20

The question is what is the municipality doing with this windfall? Amishman Apr 2022 #21

At least Texas has no state income tax DFW Apr 2022 #22

No, it does not inthewind21 Apr 2022 #26

I'm not confronted with any of that, and don't keep up with it. You'd know the details more than I DFW Apr 2022 #27

Ours are capped at 3% a year unless significant upgrades are done MissB Apr 2022 #31

sounds like Calif with land more valuable than the building. 1500 garage...that's pretty big Demovictory9 Apr 2022 #36