Mugged by California DMV?
Pardon me if I'm covering plowed ground here, but I couldn't find any threads on this topic... My annual registration renewal is to be $880! I've owned a couple of gas rigs in the past, the last wa...
Forum Discussion
I know a lot of people bash California but I absolutely enjoy living there part time. Yes, it's not good for people who are on lower incomes as everything is more expensive.... Real Estate, fuel, groceries, car tags, electric (unless you have solar), water, etc.
One thing that IS good, is proposition 13 that slows the home-property tax rate. Once you purchase a home, the tax rate grows slower as the years pass, hopefully, not to tax you out of your home.
It is amazing to me to see what houses sell for in California. In TN, they are 1/4th price for the same size home depending on location, etc. We happened to buy in California at the slump in '96 not realizing that was the bottom of the market at that time. We lucked out as our investment value is very secure and has grown quite nice.
MM.
One thing that IS good, is proposition 13 that slows the home-property tax rate. Once you purchase a home, the tax rate grows slower as the years pass, hopefully, not to tax you out of your home.
It is amazing to me to see what houses sell for in California. In TN, they are 1/4th price for the same size home depending on location, etc. We happened to buy in California at the slump in '96 not realizing that was the bottom of the market at that time. We lucked out as our investment value is very secure and has grown quite nice.
MM.
