You have to hate it.
House I'm looking at would be ~$175k. The P&I payment for a 30 year would be $939/month.
Property taxes would come to ~$500/month. Taxes at more than 50% of your mortgage payment.
I was commenting on your thread title. I think the love should be switched to hate.I do. I like the weather, but not the liberal tax and spend mentality. Work and family are here though.
Illinois is similar. A $1900 a month P&I payment will have a tax bill approaching $800. And yes we have state income tax and a sales tax that is over 8% in most places.
And yet...we are still several billion in the hole.
That is downright robbery. I bitch about the 1% property taxes I pay here in KY. With a rate that high you had better not have any state income tax.
There's something very wrong when just owning a home you pay enough in taxes to buy a 30K auto or a boat.
Your state is the beneficiary of welfare from the federal government. For every dollar Kentuckians pay in federal taxes, the federal government spends $1.45 in Kentucky. Sweet deal! For every dollar New Yorkers pay in federal taxes, the federal government spends $.79 in New York. It's even worse for me in New Jersey - the government only spends $.55 in NJ for every dollar it receives from us.
If it weren't for welfare recipients like you, the OP's taxes would be lower.
haha sucks to be you. Move to Texas.
House I'm looking at would be ~$175k. The P&I payment for a 30 year would be $939/month.
Property taxes would come to ~$500/month. Taxes at more than 50% of your mortgage payment.
House I'm looking at would be ~$175k. The P&I payment for a 30 year would be $939/month.
Property taxes would come to ~$500/month. Taxes at more than 50% of your mortgage payment.
That is downright robbery. I bitch about the 1% property taxes I pay here in KY. With a rate that high you had better not have any state income tax.
There's something very wrong when just owning a home you pay enough in taxes to buy a 30K auto or a boat.
There shouldn't be property taxes period. You should be able to live on your property without income, as long as you're able to sustain yourself, and not have to worry about losing it. As it is now, if you don't pay your property taxes, you're deemed a criminal, and thrown off your property. In most places, being homeless is a criminal offense also!? The system's broken.
Is property taxes really that high? I thought they were a yearly one time thing.
There shouldn't be property taxes period. You should be able to live on your property without income, as long as you're able to sustain yourself, and not have to worry about losing it. As it is now, if you don't pay your property taxes, you're deemed a criminal, and thrown off your property. In most places, being homeless is a criminal offense also!? The system's broken.
Does that $500/month include school taxes?They are yearly. When you break $6k/year down it comes to $500/month.