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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: regli who wrote (29239)3/23/2005 2:29:38 PM
From: John Vosilla  Read Replies (1) of 110194
 
If that is true the home is probably assessed at close to $150k as the rate is 3% in Texas. Word is the legislature is attempting to get the rate lowered to 2% to make the state more competitive. Personally I'd take a home like that at $110k and pay a little more in taxes than have to pay 4-8 times that on the coasts even if their millage rates are 2% or lower.
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