Interesting tidbit I stumbled upon
With reference to the Tax Cuts and Jobs Act.
https://www.marketwatch.com/story/tw...wsviewer_click
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As a footnote, it appears that the TCJA’s $10,000 limitation on deductions for state and local taxes has probably accelerated relocations from high-tax states like California, Illinois, New York, and New Jersey to low-tax and no-tax states like Colorado, Florida, Idaho, Nevada, Texas, and Utah.
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This speaks to personal as apposed to business taxes and is only one slice of the migration pie. In addition the cost of living varies among these states also. In Colorado as
twister244 has pointed out residential (as apposed to commercial) property taxes are very reasonable. Confirming the trend California, Illinois and New York are all expected to lose a House seat after 2020 census.
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Originally Posted by CherryCreek
I've been in quite a few of the relatively expensive apartments built in RiNO, Brighton Blvd, and elsewhere and at its pretty clear to me that a lot of that stuff is not built to last, and won't remain as desirable...
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Interesting observation; other good points too.
Lacking the more typical sprawl of new suburban 'starter' home neighborhoods of the past, in this cycle all the Millennials wanted to live in the city center. All those new apartments are your entry-level housing now. The growing demand speaks as much to the economy as to location preferences but they go hand in hand.
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Originally Posted by twister244
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I get a kick out of all people watching and taking pics with their smart phones.