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Old 08-12-2017, 03:23 PM
 
1,940 posts, read 3,561,696 times
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Quote:
Originally Posted by houstonview View Post
clearlake and pearland have held and went up of course

but 80k in 96 to 200k now is not much compared to a lot of other places.

its random suburbs in the sf bayarea were 100k then, now 1.5mill and up. small 3/1 or 3/2s
Oh for sure, but for Houston that seems like a pretty big jump. Houston always had a slow creep.

Out here it's not unheard of. A friend has a condo near venice beach that he "overpaid" for in the last housing bubble, but after the recession it started to recover and now with Google and all the tech companies moving into the area, similar condos in his building have been selling for 2-300k more than he "overpaid."

I just wonder how property-tax dependent Texas will do with that type of price growth. Will Texans have a tax revolt similar to what California did back in the late 70's? Or maybe Houston was just long overdue for a price adjustment? I come home every year for the holidays and always love seeing how Clear Lake and LC are growing and getting better stuff.
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Old 08-13-2017, 07:29 AM
 
Location: Houston, TX
8,895 posts, read 19,988,426 times
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Why would we even compare Texas real estate price gains to California's?
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Old 08-20-2017, 11:09 AM
 
318 posts, read 337,573 times
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Quote:
Originally Posted by timtemtym View Post
Oh for sure, but for Houston that seems like a pretty big jump. Houston always had a slow creep.

Out here it's not unheard of. A friend has a condo near venice beach that he "overpaid" for in the last housing bubble, but after the recession it started to recover and now with Google and all the tech companies moving into the area, similar condos in his building have been selling for 2-300k more than he "overpaid."

I just wonder how property-tax dependent Texas will do with that type of price growth. Will Texans have a tax revolt similar to what California did back in the late 70's? Or maybe Houston was just long overdue for a price adjustment? I come home every year for the holidays and always love seeing how Clear Lake and LC are growing and getting better stuff.
yes I live in SF BayArea now use to live in clearlake so thats the reason why I compared, when we move back to houston area once kids are closer to school it will probably be to same area or old pearland area.

CA taxes are 1% most areas I think that part of the reason why they can go up so fast, if they had 2.8-3.5% Taxes like houston no way these places could be that high, they would have to adjust.

However places like the heights and other areas in houston have did well
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