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November 09, 2009

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I made the move to Texas some time ago... Texas has no income taxes, and steep property taxes. So steep that most Californians show up here thinking they can plow all their equity take into their new house, and have a for-real mansion on acreage. And then they find out what the property taxes will be! The result... You can still buy a house 5 minutes from Dell HQ in Round Rock for just a bit above $100k. Not much of a house mind you... But 3bd/2ba on 1/4 acre, and that's enough for most. One of the local high schools has a jumbotron screen on their football field. Yep... I'm hearing tax revolt noises.

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The housing costs have grown so incredibly its not hard to believe news is spreading fast on mortgage payment problems.

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  • We'll have a lot of decisions to make in the face of Arctic climate change. This blog is about the range of available choices, and about the tradeoffs involved in making them. Ben Muse, an Alaskan economist, is the blogger. Muse works for a resource management agency. However, any opinions expressed here are his and not necessarily the positions of any former or current employer. In the interests of full disclosure, Muse's current employer has fisheries, marine habitat, endangered species, and marine mammal management responsibilities in the Arctic.

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