On Tuesday, October 15, 2013 9:47:25 AM, "doctordumb...@rocketmail.com"
<doctordumb...@rocketmail.com> wrote:
Consider yourself lucky, Ann. My property taxes are about $9000 per year, for
an 1800 sq. ft., 65 year old house.
Whoa! That is an inordinate amount. That is waterfront-type property taxes up
here. We also have GST tax on all services plus that is added to our 7%
Provincial tax on virtually all retail goods. So we pay 12% sales tax on most
items we buy. I can't remember how our income taxes compare but Canada does not
have any inheritance taxes. My father looked into becoming a Canadian citizen
before he died just to save the 55% inheritance taxes on his estate. I wish he
had!
---In FairfieldLife@yahoogroups.com, <fairfieldlife@yahoogroups.com> wrote:
---In FairfieldLife@yahoogroups.com, <fairfieldlife@yahoogroups.com> wrote:
An old couple I know down in San Antonio live in the family home that they
inherited from his auntie. The guy says he pays about $100 per month in
property taxes. Sounds like pretty cheap rent for a 1200 sq ft place on the
south side of town. A lot of his property taxes go to local public schools.
And, he doesn't even have any children! Go figure.
Yes, he is subsidizing your children just as I subsidize all those children I
don't have up here in Canada with my property taxes. So, it appears we both
live in Socialistic countries after all. Unfortunately, my taxes are over $5000
per year for a 2900 sq foot house and a horse barn and hay barn.
"According to what I've read, a family shouldn't spend more than 31 percent of
its pre-tax income on housing." Using those calculations, these 10 metros are
the least affordable:
'Places Where The Middle Class Can’t Afford To Live Anymore'
http://www.theatlanticcities.com/housing//