Quote:
Originally Posted by rrrabbit
Dallas has more ten thousand dollar millionaires than any other big city I've visited in the US. Atlanta is a close second.
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lol
Quote:
Originally Posted by rrrabbit
Though, over the last dozen or so years, Austin has changed significantly towards that line of thinking (due to the influx of folks out of the West Coast coming here seeking high tech jobs ?).
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Maybe... other factors aside, it's only fair to note that they traded their CA mortgage for a comparatively teeny-weeny Austin mortgage
and that the tax burden is WAAAAYYYY lower. (CA has very high property tax rates and valuations are higher, sales tax rates are similar, no state income taxes here.) Instant wealth! (Or at least the wealth effect?)