Quote:
Originally Posted by txbaker27
AAH HAA THANK YOU U JUST HELPED ME OUT ON A DISPUTE
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Well, that's not ENTIRELY true. Hotels, motels, rentals (summer rentals, etc), prepared food (i.e., restaurants) and alcohol purchased in bars is subject to an 8 percent tax. IOW--it's meant to hit tourists more.
Property taxes are fairly high here, no doubt--but consider parts of where I used to live (CA) that have what's called a Mello-Roos assessment. If you were to buy a new home in a devleopment you're looking at an extra 0.5-0.75 percent for 30 YEARS to pay for the infrastructure in that area.
So you're buying a 700-900K house (not unusual) and paying property tax PLUS Mello-Roos, or nearly the same percentage as NH property taxes. (FWIW, I did not pay M/R and still had a prop tax bill of 6K a year in CA).
In other words, it's all relative.