With high property taxes in TX, you cannot own a home. You essentially rent your home from government even after you “pay it off.”
Of course, you can choose to live in a shack in the desert or ghetto to reduce your government rent payment.
We’re NYS lifers.
Decades ago we bought a very small, very inexpensive home.
We used to get a lot of ribbing about that.
Now we know folks who can’t sleep at night wondering how they’re going to pay the high four to low five fig annual property tax bill on their larger, nicer homes.
We never have worried about that.
And trust me when I tell you that the thought of all the property tax income we have denied local and state bureaucrats over the decades more than makes up for the lack of space and inconvenience.
Amen, owning a nice paid for (or not) home in Texas is just like renting! In Texas you pay high school taxes, city taxes, and road taxes all in one bill adding up to about 2.5 %. To make things worse, they can raise them $1000 or more each year! And, you can’t petition to vote them down, because it is not legal in Texas to put it on the ballot. That is 90% of the reason that Texas ran me off…