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More on Texas real estate:It is true the best honsiug values to be found today are in Texas. Also, there is no state income tax or state property tax.The sales tax is high and the local property taxes are high, as that is the primary source of funding for public education there. Local property taxes run between $2 and $3 a square foot per year in most places, and is placed on assessed value, not what your granddaddy paid for the property years ago. The gap between haves and have-nots is wider than in most other places, as Texans place little value on social services, and much value on one's ability to care for one's self. The public schools are very good in areas of affluence, and are abysmal in poor communities. Politics are controlled by those who tend to favor the haves, so it is more likely that state government will be virtually gutted before there is a state income tax there.If the predatory vultures have targeted Texas as the next place to make a quick buck, then Texans would be wise to sell out after a quick run-up before their bubble, which has so far escaped them, bursts as well. For now, one can buy a fantastic home there for $100 a square foot or less.
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(VISITOR) AUTHOR'S NAME
Pradnya
MESSAGE TIMESTAMP
16 december 2014, 11:52:07
AUTHOR'S IP LOGGED
94.103.134.131
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