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That's a joke. Texas only works because of oil and proximity to the border (cheap labor). Texas' conservative policy is failing in its neighbors to the east.
Texas works because it's truly pro business and it's done a great job of squashing pushes for corrupt liberal labor unions to move in and destroy the state like they did in MI.
Our neighbors to the East (assuming you mean LA although it's hard to tell given Liberal ignorance) is packed full of liberal Obama voters who are on the take. LA is also a large oil producing state, it's just that it's been killed by Democrats for decades who want nothing more than to breed more worthless Dem voters. Look at New Orleans pre and post Katrina, it's still full of caged Dem voters who do nothing but collect on a promise made by Dems for decades. Don't worry about working and being productive, just keep voting D and we'll take care of you and your 19 children.
Texas works because it's truly pro business and it's done a great job of squashing pushes for corrupt liberal labor unions to move in and destroy the state like they did in MI.
Our neighbors to the East (assuming you mean LA although it's hard to tell given Liberal ignorance) is packed full of liberal Obama voters who are on the take. LA is also a large oil producing state, it's just that it's been killed by Democrats for decades who want nothing more than to breed more worthless Dem voters. Look at New Orleans pre and post Katrina, it's still full of caged Dem voters who do nothing but collect on a promise made by Dems for decades. Don't worry about working and being productive, just keep voting D and we'll take care of you and your 19 children.
Louisiana is liberal?
Quote:
Originally Posted by workingclasshero
oh so obamy taking the DEFICIT to 1.6 trillion and now getting down to 800 billion is progress
your partisan blinders are showing
the deficit under bush averaged less than 400 billion half of what obozo has brought it to
Obama and the fascist liberal have added nearly 8 trillion dollars to the debt in 5.5 years
As a % of GDP, Obama's administration has the lowest levels of spending in the last 50 years. Facts.
Not completely but the Democrat voters sure are, there are hundreds of thousands of them in the state and most of them are just as trashy and worthless as Dems in other gimmiegrant filled states.
You're dumb. High property taxes puts downward pressure on property values because it decreases demand while supply is unaffected.
You're just making **** up about California because you want it to be terrible.. because it would fit your narrative. The truth is that California is the innovation hub of the world. San Fran, Silicon Valley, and San Jose have more technological innovation than the entire South 20 times over.
The South, like 3rd world countries, is a good place to go to get away from taxes and to take advantage of cheap labor. Its the same reason that companies move plants to Mexico. Doesn't mean that Mexico is better.
Having said that, there's a lot of things that California can improve. A little moderation and pragmatism would do them some good. I think their governor has been trying to do that, and he has balanced the budget.
how in gods earth does demand on real estate take place?
Are you KILLING people?
Is there a decreased in demand of property in NYC, and those cities you just listed?
There's actually an inverse relationship between property taxes and price. Higher taxes put downward pressure on the market value of real estate. One of the primary reasons for the high price of real estate in in-demand markets in California is Prop 3 which caps property taxes for existing homeowners.
if your position held any value, property prices in NYC would be cheap as hell due to the high property taxes associated with the properties there.
if your position held any value, property prices in NYC would be cheap as hell due to the high property taxes associated with the properties there.
But they arent
Because there is sufficient demand in NYC to continue to drive an increase in price. Look at areas without demand and/or falling property prices. They have to continually raise millage rates to maintain a constant revenue stream in light of those falling property prices. As the millage rates increase the property becomes even less attractive to the market and prices decrease further to compensate. This continues until demand pressure finds buyers despite the high tax rates. Areas like NYC have both high demand and high taxes due to having to deliver a high level of services. If they found a way to slash property taxes you would see prices skyrocket beyond what they already have.
In California, Prop 13 has been one of the reasons for the astronomical price of housing in high demand markets.
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