How likely would you relocate from Chicago Suburbs to TX, NC, or SC if your job moved there? (Charleston: 2014, insurance)

[damba]

Originally Posted by MSchemist80

Having Illinois governments kill the real estate market is not a good thing. It may mean lower purchasing prices on homes, but it also makes a home a much worse investment when it doesn't grow in value, the high taxes for many people means less money to spend on things like remodeling and maintaining their homes (which blights neighborhoods), it makes the area less desirable so it takes longer to sell your home. Also the high property and other taxes affect the prices of goods and services. You think the Veterinarian, the Dentist, the Window company aren't going to factor in higher the cost of doing business into the prices they charge to consumers.

Also on a more mundane level, housing is a basic human necessity. Having the govt drive up the cost of a basic human need to fund their corruption is just fundamentally wrong and horribly regressive.

IL governments aren’t killing the RE market. Apathetic and uninformed voters are a huge part of the problem- especially not getting involved in local issues in their backyard/only voting every 4 years. The shifts in the overall economy have changed a lot of things though. The expectation that homes are ATMs needed to be adjusted.

[pvande55]

Knew someone who changed jobs rather than transfer to NC. "rednecks, narrow minded politicians, everyone smokes, too hot in summer."

[Yuptag]

Thank you for all the replies.

[Hiruko]

Originally Posted by pvande55

Knew someone who changed jobs rather than transfer to NC. "rednecks, narrow minded politicians, everyone smokes, too hot in summer."

Hmmmm...I know North Carolina is home to some big players in "big tobacco," but it sure seems like a lot of people in Chicagoland smoke too. Frankly, I would say most of my friends (20s/30s) smoke an occasional cigarette.

[smegmatite]

100%

the chicago suburbs effing suck

[CCrest182]

Originally Posted by chicago0311

But the taxes are a BIG deal. The home prices are kinda moot if you have to pay a second mortgage in property taxes. Why even compare the home values without taxes? Chicago is by far more expense if we are looking at the whole picture.

Yeah, but it's only more expensive compared to the places listed by OP, most certainly not more expensive than big coastal cities, and that's a fact.

I will agree though that the taxes hurting home values are a negative, but buying in the right area/location is a good way to prevent any serious loss.

[Justabystander]

Originally Posted by MSchemist80

Having Illinois governments kill the real estate market is not a good thing. It may mean lower purchasing prices on homes, but it also makes a home a much worse investment when it doesn't grow in value, the high taxes for many people means less money to spend on things like remodeling and maintaining their homes (which blights neighborhoods), it makes the area less desirable so it takes longer to sell your home. Also the high property and other taxes affect the prices of goods and services. You think the Veterinarian, the Dentist, the Window company aren't going to factor in higher the cost of doing business into the prices they charge to consumers.

Also on a more mundane level, housing is a basic human necessity. Having the govt drive up the cost of a basic human need to fund their corruption is just fundamentally wrong and horribly regressive.

Why don't you look up the Zillow market trends in many suburbs in Chicago ( two I know of are Hinsdale and Palos Heights) and the suburban trends are that the markets are either Hot or Very Hot right now. In addition, the outlook is for a healthy increase in prices. Look at the SW suburbs and the North Shore, according to Zillow, the markets are on fire.

Compare this to recently hot areas (Southern California) and the markets there are Cool or Cold and project a loss.

You really do need to leave the state, but what would you have to complain about? For some, taxes make them so bitter that you can see the hate ooze. Hopefully, when you move to a place like Alabama, someone can write you a check for all your savings and put it in your casket, so that you can take it with you.

[johngolf]

I can speak to NC and SC and as a former Chicagoan (Park Drive North, Westmont, Naperville), I know a few things. Raleigh-Durham is a great area. People there are generally well educated and friendly. In SC you will want to be close to Greenville or Columbia. I will easily take 3 months of summer heat in trade for winters in Chicago. The heat is easily manageable unless one works outdoors. Chicago money goes a long way in SC or NC.

[MSchemist80]

Originally Posted by Justabystander

For some, taxes make them so bitter that you can see the hate ooze.

No a corrupt government that serves itself and steals from the people makes the hate ooze.

With all the tax money they collect the roads must be in pristine condition. No?
How about the schools we must have the best most educated students in the world. Still No?
With the high taxes we must getting something like Universal Health Care. No?

The money is going to give fat pensions to politicians and their union cronies in government while grannies and working people are being taxed out of their homes with 5 figure tax bills.

The ultimate mark of failure of a government is when people are leaving to get away from them. That makes Illinois one of the nations biggest failures. Another feature is shares with leftist crapholes like Venezuela.

If you think what Illinois govt is doing to its people is good then I honestly am incapable of understanding how you think.

Hearing some of you defend the Illinois government is like listening to a battered woman defending her boyfriend that beats her: He does it because he cares, this is what a healthy relationship is (doesn't know any better), there is noone better out there (low self-esteem).

[walker1962]

Originally Posted by damba

TX is a poor example since they have some of the highest property taxes in the US. (My friends in nice parts of Dallas and Houston get shelled). It’s to compensate for the lack of a state income tax.

To countThe state of Illinois has the second highest property taxes in the country. The statewide average effective tax rate is 2.32%, nearly double the national average. The average homeowner in Illinois pays $4,058 annually in property taxes. In some areas the average payment is upwards of $6,000 per year.
https://smartasset.com/taxes/illinoi...tax-calculator


I worked for a bank that provided credit lines for Depage County. I remember when Trump got his tax revisions approved and Depage saw a spike in property tax payments the year BEFORE the changes went into effect. You know why? Because the taxes in the wealthier suburbs were high enough that deductibility under the new IRS standards was capped. So everyone was rushing to accelerate payment. No where did that happen in Texas.


https://www.chron.com/homes/article/...st-6181429.php
According to WalletHub, a personal finance website, Texans this year are paying an average of $3,327 in real estate taxes. It's the fifth highest amount in the United States and 59 percent higher than the average American household's real estate property tax bill of $2,089. Other states among the top 10 in high real estate taxes are Illinois, $3,939; New Hampshire, $3,649; Wisconsin, $3,398; Connecticut, $3,301; Nebraska, $3,228; Michigan, $3,168; Vermont, $2,934; and Rhode Island, $2,779. So Illinois residents on average STILL pay higher than Texas residents. And in the most recent state legislative session, an annual cap increase was voted into law.


A county-wide sales tax rate of 1.75% is applicable to localities in Cook County; in addition to the 6.25% Illinois sales tax. Some cities and local governments in Cook County collect additional local sales taxes, which can be as high as 3%, for an effective total sales tax of 11%. In Texas, the total sales tax is capped at 8.25%.