The crisis may be over (for the time being) in Washington. But the crisis for America’s middle-class continues, as middle-income jobs get harder to find and the cost of living gets harder to bear. Where can Americans turn for answers? In a word: Texas.
In the cover story of this week’s TIME magazine, libertarian economist Tyler Cowen, author of the new book Average Is Over, looks at why so many Americans are headed to the Lone Star State. And he comes to a surprising conclusion. For better or worse, he argues, it’s because Texas is our future.
Here are 10 reasons why America’s future is going to look a lot more like Texas:
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No landlord would pay more than necessary for utilities or other operating expenses for a rental property. Yet millions of landlords pay more taxes on their rental income than they have to. Why?
As entrepreneurs find success with their primary business ventures, many search for the right investments for their profits.
In today’s market where there are so many foreclosure and bank REO sales, figuring out the real value of a property can be difficult. The comparable sales method is the most commonly used — and still the most accurate one — to determine the value of single-family homes, condominiums and smaller multi-unit properties (two to four units).
