Quote:
Originally Posted by badrunner
$685 property tax and $667 HOA
I'd rather get a Dallas McMansion.
Or, for $2700/month total you can rent a decent place in NYC or LA.
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You're going to pay the same in property taxes in that McMansion. The deal breaker is that HOA fee which doesn't seem to deter a lot of buyers because these things are sprouting up all over the place. Either way, you're getting equity as opposed to renting in NY or LA.