Comments by "dlukton" (@dlukton) on "Michael Bordenaro" channel.

  1. Yeah, you're right; even if I could get a beachfront condo in Florida "for free", I probably wouldn't want it.
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  2. People who really want to live near the coast ought to condider a foreign country like Mexico or Guatemala or Thailand or Cambodia. Either that, or just forget about living near the ocean.
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  3. Property taxes in Henderson are still "dirt cheap" compared with many other parts of the US.
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  4. $38,000 per year property tax bill? FUGGETABOUDIT; I'd never pay that much.
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  5. Now is a horrible time to buy a Florida condo.... especially one near the coast. HOWEVER, at some point, all of the bad news will be fully discounted, and perhaps... at that point.... one might consider buying one. When that'll be, I don't know... but it could easily take three years or more for an "equilibrium" price to emerge.
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  6. Still, there's ALWAYS A PRICE that makes sense.
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  7. There's 49 other US states to live in.... not to mention that there's 194 other countries. If Florida is going to be so problematic, find another place to live.
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  8. Depends whether one wants to look at this from a "revenue neutral" standpoint or not. That is, if a given state govt were to eliminate property taxes, it would have to raise taxes on income, on sales, and on businesses.... in order to maintain the same overall revenue. So I think that people who complain about property taxes are missing the real issue, which is spending.
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