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So in other words...you pay a 500% premium to live where it's cold and infested with hippies?
Well, when you put it that way....lol lol
So in other words...you pay a 500% premium to live where it's cold and infested with hippies?
... I won't even mention all the newfangled things that we "need" today that they didn't have to spend money on back then.
:roll:So in other words...you pay a 500% premium to live where it's cold and infested with hippies?
So in other words...you pay a 500% premium to live where it's cold and infested with hippies?
Tourists find out real quick what they are getting into. :rofl:Whoa there, now. That's my city you're talking about.
Whenever people knock S.F. for cost of living I point out the following: Every year, millions upon millions of tourists come from all across the world to visit; when they do, they are willing to pay an average rate for hotel rooms that, when annualized, is about $73k. If you live here, the cost of rent is significantly lower than that. Also, you don't have to go home to a place where their idea of vintage homes is track houses built in the 80s
Southeast PA taxes are bad too. Schools are all funded on a local level... almost $5000 a year school tax now an a house assessed at only $130k. Add the local and county taxes to that and it's $7500 a year and rising. We're all paying at 2000 assessed rates... if they ever reassess again it'll be time to move to Delaware!
Southeast PA taxes are bad too. Schools are all funded on a local level... almost $5000 a year school tax now an a house assessed at only $130k. Add the local and county taxes to that and it's $7500 a year and rising. We're all paying at 2000 assessed rates... if they ever reassess again it'll be time to move to Delaware!
Now that is cheap. Nice!Wow! Here, you would pay one side or the other, $500, on a $130,000 dollar house. Actually, it would probably be even cheaper, because our county always accesses the house far lower then what you can actually sell it for!
I wish! Here the assessments are about half of real value now too. They don't dare reassess after the political fallout from the last one... so they just raise the millage rate every year. They finally have a Homestead discount in place (takes a few $100 off) and have to vote on any school increases above I think 8%. But the damage is already done and the rates sky high. The schools are good... but not that good! Add on another grand for insurance and then the cost of restoring the place... you start to wonder if it's worth it?!
I guess in the theme of the thread I'll post a photo of my "money pit"
That is a nice house though. It would cost you several times what you said it was worth if it were here. And the property tax would be about the same.
Oh yes, sticker shock is right. Interestingly, my great-grandfather's house was also split into two many years ago. I suppose few people need 8 or 9 bedrooms and two kitchens. They had gotten rid of the tennis court and surrounding acreage years before. Geez, it looks land locked now. :doh:Thanks! It's been a long 8 years, but it's getting there. It was split up into apartments when I bought it and all trace of character was long gone. I was on a trip to the bay area last year and did get sticker shock, so guess we do get a little more for the $