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Wow, $20,000? What a rip off. You could probably find a nice plot of land in Queens, build a house there, and enjoy New York City conveniences for far less taxes a year.
Wow, $20,000? What a rip off. You could probably find a nice plot of land in Queens, build a house there, and enjoy New York City conveniences for far less taxes a year.
Or use that as a down payment on a house elsewhere.
If taxes are truly getting that high for new construction, between that and the pending reassessment I don't see how anyone will be able to make ends meet in 5-10 years.
Wow, $20,000? What a rip off. You could probably find a nice plot of land in Queens, build a house there, and enjoy New York City conveniences for far less taxes a year.
NYC is nice to visit once in a while but anyone from here with a family probably wouldn't want to be out there full time. You couldn't pay me enough to live in any of the boroughs again. People are out there for convenience mostly, and some stay because they're afraid of these taxes. It's in no way more enjoyable to be there unless you're single perhaps.
NYC is nice to visit once in a while but anyone from here with a family probably wouldn't want to be out there full time. You couldn't pay me enough to live in any of the boroughs again. People are out there for convenience mostly, and some stay because they're afraid of these taxes. It's in no way more enjoyable to be there unless you're single perhaps.
Eastern Queens though has areas that are exactly he same as or even nicer than areas in Nassau, though. Glen Oaks, Douglaston, and Little Neck come to mind.
Eastern Queens though has areas that are exactly he same as or even nicer than areas in Nassau, though. Glen Oaks, Douglaston, and Little Neck come to mind.
Queens vs LI question becomes moot after a certain taxable income level. 20k+ of Nassau property tax seems cheap after a certain income level if you take into account the NYC income tax you would pay if lived in Queens or any part of NYC. I'm sure of lot of wealthy people living in those nice big tudors in Douglaston have cash businesses and can under report income.
Eastern Queens though has areas that are exactly he same as or even nicer than areas in Nassau, though. Glen Oaks, Douglaston, and Little Neck come to mind.
Nicer in some aspects (worth) but what about family stuff like yard space and extracurricular activities, programs, parks, etc. ? People who move out to LI are looking for a whole package. Maybe the foreigners who move their kids to NY for the safe housing and great education (what's great on paper) are different and would want those areas. I've driven through those areas and it's certainly not for me... it's still very much city-like with their brick, concrete, and narrow driveways.
Queens vs LI question becomes moot after a certain taxable income level. 20k+ of Nassau property tax seems cheap after a certain income level if you take into account the NYC income tax you would pay if lived in Queens or any part of NYC. I'm sure of lot of wealthy people living in those nice big tudors in Douglaston have cash businesses and can under report income.
Wow, for higher earners it's even more than the property tax bill. Didn't realize it was up to 3%+.
This is why I moved from Brooklyn to LI. 20k of LI property taxes is cheaper than my NYC income tax liability. On top of that, my kids get to go to a good school system (Roslyn) as opposed to an underperforming ghetto public school in Dumbo (PS307). No brainer to move here. Plus Deblasio is ruining NYC, but thats another story.
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