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Reply to "Florida more expensive than Great Falls? I don't know how anyone plans to retire there"
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[quote=Anonymous]$3,000 sounds pretty inexpensive for a $1.5 mm house, which would be more expensive somewhere else. Your flaw is that you’re not recognizing the high property taxes in other states. A $1.5 mm house in NJ comes with $5k of carrying costs a month plus another five digits of state taxes. Your average retired couple who moves to Florida and buys a nice home can save $30-75k a year in taxes. [/quote]
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