BigZuck wrote:I know yay no income tax is the refrain for a reason but isn't the property tax in TX pretty high? That 3000 square foot wife is going to be a drain every year. (I guess maybe the answer is rent forever but this is America, dammit, if you're not treking in from Sugarland every day or buying your 500K cottage in the Heights you ain't livin').
No doubt Houston is cheaper than NYC and young single people rocking out in their nice 2K a month apartments in midtown have it pretty good but it's nowhere near the "Just do buy a mansion bro, you'll have benjamins falling out of your butt" that people who have never lived there think it is. You actually probably can buy a huge house which is impossible in NYC but it'll be in one of the many Lands and to me that's a fate worse than death. Hell, it's probably a fate worse than NYC. If you make partner then you might be able to live it up inside the loop somewhere but we all know how realistic that is.
I've lived in expensive cities (granted not NYC) and I have lived in TX. The big difference I notice is rent. You can get something in TX that is 3-4 times more expensive (or more) in an expensive city. After that? I guess bar drinks are cheaper, but that depends on where you are drinking (in either city). Restaurants are somewhat cheaper. I'm drawing a blank on what else might be cheaper (basically what Sinfiery said)
Eta: (Wasn't trying to just single you out Shadow, just trying to add to the Houston discussion)
The property tax is Houston is something like 1.8%, IIRC, which is high but the lower overall values mean it's not a higher total sum than you pay on 1,500 sq ft within 45 minutes minutes of Midtown NYC.
I don't know if it's balling out of control but you can find a really nice 2000-2500 sq ft place inside the Loop for like $400k without much of an issue. Or, if you went the $200k route for the Lands and you were debt-free, you could completely pay off a house in like three years. That's as close to Benjamins falling out of your butt as you can get at 25.