Special offer

People Flee States' High Taxes - But Where Should They GO?

By
Real Estate Broker/Owner with State Wide Realty Co. 0225108792

Moving to Escape HIgh Taxes - Come To South Central Virginia

Recently Forbes.com posted an article about the "States People Are Fleeing". The gist of the article pointed to expensive lifestyles, increasingly high property taxes and high unemployment as some of the main reasons people were deciding to move from a few states. In fact, according to the article the country as whole is at it's "lowest mobility rate in a century" but there are states  "expected to lose more residents than they gain this year". 

After reading this article it became a reality in my office the very next day.  We had a couple from New Jersey in our office and they stood in our lobby and laughed gleefully when they realized the tax they would pay on a property they were considering would be less than $1,500. That's right, less than some people's monthly rent! 

The same article said that many of these transients are headed south for a variety of reasons. the "temperate climate, affordable cost of living, good health care and pretty scenery".  As I read these requirement I found myself reading a check list of requirements that fit our area perfectly

  • temperate climate - CHECK
  • affordable cost of living - CHECK
  • Good Health Care - CHECK
  • Beautiful Scenry - CHECK  
  • plus LOW PROPERTY TAXES!

While many locals are upset about the few property tax increases that have occured in the last few years, they are nothing compared to the high rates found in the some states.  So if you're a potential escapee check out these real estate tax rates when you begin your search.  With rates like these, you just can't afford not to flee to South Central Virginia.


Forbes.com article written by Jenna Goudreau

Posted by

                                                        

 

 

Comments (1)

Maureen Fukumoto
Help-U-Sell Realty Pro - Mililani, HI
Maureen

Coming from Tax Hell, I really appreciate your post.  My daughter lived in Roslyn while attending Georgetown and I travelled to VA often.  Beautiful state, I'm sure your post will resonate with out of state prospects.

Dec 15, 2010 06:26 AM