18 January 2008
Not that we expect you to do this
Two paragraphs out of Business Week:
In a Manhattan apartment that costs $1,600 a month or more to rent, you'd be lucky to have a separate bedroom, a dishwasher, and a living room that fits a full couch.
Get a job transfer to Oklahoma City and a 1,228-square-foot three-bedroom apartment in a luxury development with its own clubhouse, hot tub, and swimming pool can be yours for only $989 a month.
There are, of course, other differences.
Posted at 10:22 PM to City Scene
, Common Cents
When my east-coast friends hear what I paid for my house ($109K), they think I'm living in a cardboard box under an overpass somewhere, because that's all that price would get them. Then they come visit, see the low cost of living, and suddenly it's all, "Oh well. At least you don't live in Kansas."
You really want to fry their brains? Tell 'em how much you pay in property taxes. (Which are on my mind today, inasmuch as the mortgage statement came in, and I am unexpectedly gleeful to find that the escrow account ended the year with more money than it started with.)
OK, so give me the figure. What's the property taxes on a 2-bedroom, 1 garage home in 30 min proximity from the business part of the city?
How about this? I have a small three-bedroom house, one-car garage, twenty minutes from downtown if I don't take the freeway, 1,060 square feet on a lot slightly more than a quarter-acre. Tax bill for last year was $876 and change.
Yes, impressive. When I owned a Brooklyn townhouse that was approximately my quarter tax bill. And water and [heating gas] and sewers...And one year Mr. Bloomberg voluntarily decided to cover the gap in business revenue by increasing residential taxes for 7% - just because. He did return some next year - but it was a fixed $, not even near 7% he robbed us of.