Friday, November 3, 2017

Just know, for a mortgaged 1 million dollar home and property tax you are paying $10,000 a month at least

or 120,000 a year (including property taxes) for a 1 million dollar home.

Think about this as I give you these statistics:
This is a quote from the right column on page A5 from the Wall Street Journal November 3rd 2017


High dollar homes

Metro areas with the most homes valued over $500,000 and the percent of homes over that amount.

San Jose (near Silicon Valley) 94%
San Francisco                          81%
Los Angeles                            72%
San Diego                                63%
Seattle                                      45%
Boston                                     41%
New York                                37%
Washington DC                       33%
Sacramento, California            26%
Denver                                      25%

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