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dnstommy t1_jcvp8ds wrote

Reply to comment by VermontArmyBrat in We're #3. Not a yay. by RedRipeTomato

Best of luck to you. I moved from Florida pre pandemic. My tax for living here is $28k a year. I think people get used to the high cost.

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[deleted] t1_jcw6ucx wrote

[deleted]

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dnstommy t1_jcw8o16 wrote

Income tax (top vt bracket) and high property tax (2.1 vs .9). I have a pretty high income.

I could include gas and power (.09 FPL vs .18 GMP).

Home owners and car insurance is lower in VT.

VT is beautiful. My wife is from here and wanted to move back to raise our kids. But the cost is felt every day. And it’s not like the roads are better, or the daycare is cheaper. It’s just the population is really low (probably a good thing) and the costs are fixed. Less people to pay all the bills.

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Twombls t1_jcwaw3a wrote

Uhh do you own a multi million dollar property or something? Thats like. Not something most people in vt are paying

If you are actually paying that. You are very wealthy. And imo should probably be paying even more than that.

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dnstommy t1_jcwbmr8 wrote

No. Just a normal house. 1k a month prop taxes plus a lot of income tax. Seems like this is normal. Higher in Burlington. I can’t imagine the really expensive houses that may 20+k a year property taxes. In Florida I paid 300 a month property tax. Homesteading in Florida reduces the taxable value of your house by up to 50k. In VT it’s just work .1%.

But this goes to the argument that investment properties should pay significant higher property taxes if almost all the town revenue comes from property.

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[deleted] t1_jcwl9lg wrote

Dude $12k a year at 2.1% property tax rate is at least a $570k house. Conservatively. Ignoring your SALT deductions and whatnot. Just straightforward arithmetic there from your two comments. And that’s assessed value, which is often 30% less than the market value of a property. Your property is probably worth over $700k in actuality.

That’s not a mansion, but it’s not an average house either. That’s a very nice house. You’re doing very well for yourself. Don’t play the pauper, it’s gross. You’re in the top 10%.

Also, Florida is a shithole. The rule of law doesn’t exist there anymore. I’d unironically rather move to Mexico. It’s cheaper and much nicer. Don’t come at me about how you got a house with the same square footage for $300k in Florida. It’s Florida. The land should be worthless. The houses are all builder grade disposable garbage. Just look at all the insurance shenanigans going on there. You should thank whatever god you believe in every day that you got out before the bubble pops and Florida property values fall lower than Detroit.

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dnstommy t1_jcwnl0q wrote

Certainly I am in the upper percentages, but the average house in chittenden county is 570 right now. There are way more expensive houses all over this place.

I’m not playing pauper. The whole thread is about how expensive it is to retire here. And I am just explaining why it’s right. This place is really expensive. As a guy who makes good money, no way I stay and watch my retirement get ripped to shreds.

2037, my house is paid for, my last kid graduates high school and I retire. Then I’m going back to sunny Florida with the rest of the retirees.

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frenchylamour t1_jcwp6wv wrote

Ugh, Florida. I sympathize with your experience in VT (I left last year) but man unless Florida changes direction, you’re moving back to a horrible place. A hate state.

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dnstommy t1_jcwq0b5 wrote

It certainly has taken a turn post pandemic. I went back a few weeks ago and the traffic was insane. But the political shit was hard to find. Seems to have subsided. But let’s see if 2024 brings it all back.

I lived there for 40 years so I know where to go to get away from the crazies. But yeah, the pandemic did Florida no favors.

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ElDub73 t1_jcwyvpc wrote

At least we know how much civil rights are worth to you.

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inthepines3000 t1_jczcqbk wrote

Wait until you see what they teach at Edmunds and BHS. You will moving out of Burlington when your kid hits 6th grade.

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willapointe t1_jd05pwg wrote

Not sure why your getting flac. I’m in the same boat. Retired a couple of years ago and paying a new car to the state each year. The way I see it it’s a privilege to live in Vermont and the feeble make us pay. I’ve tried looking elsewhere but there’s no place like Vermont! It gets better every year.

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dnstommy t1_jd0ahe2 wrote

Vermont is great. The spring and summer are amazing. I just need to keep my feet in another state for 183 cold days and be able to claim residency there.

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dnstommy t1_jcwohnc wrote

Florida is great. Completely off topic, but great.

And if you think the houses they build in Vermont now, in 24 days aren’t the same stuff they build in Florida… they built an entire 20 house neighborhood a few miles from me in 3 months. For sale, 900k. Welcome to Vermont. Cha Ching.

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inthepines3000 t1_jczchca wrote

You do not have a clue what you are talking about. You sound like a raving cult member. Florida sucks in a lot of ways but JFC.

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