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      02-21-2018, 04:56 PM   #51
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Drives: 2007 335i Sedan, 2021 X3
Join Date: Nov 2006
Location: Philadelphia

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Keep in mind in Calf, if you own a house, you pay 1% of the value in property tax for a $1M or $2M home that $10K to $20k, if you are making enough to pay the mortgage on said home you also in the top 13% tax bracket in Calf which also put in in the Top Fed bracket of 35%, and you loose your mortgage interest and property tax deduction after the first $10K. After paying your taxes you are looking at 50% of your income to live off and pay rent or mortgage. I know this from live out there and on the east coast, utility costs are also higher in Calf.
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