Jeez the Diamondback uniforms are ugly. I dont even know where to start.
Things That Are Bothering You, Got You All Hibbeldy-Jibbeldy, or just downright pissed, RIGHT NOW! - Page 5551
it was a perfect confluence of wife getting a huge job offer in Nashville, and then me also easily getting one once we started looking at houses in Nashville. we don't really have any direct family in the North East anymore (parents retired back to the Philippines) so we decided to move. Now she's getting job offers in NYC, Boston, and North Carolina and thinking out loud about maybe moving.
I'm not surprised. I was looking at places in NJ/NY for a potential job move, and I was blown away by how expensive property taxes are there. The rates are higher and the property prices are higher, so it is a double whammy. I'm moving from MN which is modest, but compare that to places like Tennessee, and it is huge.
Imagine what $500k gets you in Tennessee and what it gets you in NYC or NJ. TN averages 0.75%, NY is double that at 1.64%, and NJ is more than triple TN at 2.38%.
How are the properties valued? Here they are valued by the taxman, who undervalues most properties compared to market value.
Oh and 3% property tax.
I don't know what they used for valuations for this graphic, but my guess is the official valuation which is the local tax man. Typically they value your house, and it is a lagging valuation - after the bubble burst, it took two years to fall, but now they're coming up, and tax valuations are slowly following. They also typically have a valuation deduction for it being owner occupied.
(I know, I know: some of you are saying "What the hell a true man of 21st sentry don't use key he use keypade!!!" I've stated my views about such ideas in the past and I will do so again if I deem it necessary.)