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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