Home › Forums › Housing › What is the equivalent home in San Diego to this $158k home in Austin? › Quote:the cost difference is
[quote]the cost difference is stark for essentially the same house.[/quote]
The house in San Diego is 50% more expensive.
[quote]Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.[/quote]
Right. By how much exactly? Surely a professor can find a scholarly article quantifying the projected impact of AB32 on utility rates.
[quote]which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. [/quote]
2.75% vs 0.75%.
[quote]Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.[/quote]
In reality, as a result of not having had a housing bubble.