I think you are asking which state has the cheapest real state, but unfortunatelly you forget to mention the country for an answer.
Besides which, some states may have very cheap land, but property taxes are incredibly high. For example, you might be able to find some cheap, rural land in Oregon, but you will end up paying 5-10% of it's value each and every year (for eternity) in property taxes.
When you factor in the taxes, as well as the fact that you will probably have to pay interest on the taxes (which are generally bundled with your mortgage payments over a 30 year period), even cheap land in California ends-up looking like a bargain by comparison.
Look for a combination of not only inexpensive land values, but inexpensive land taxes, living expenses and other local taxes, permits, fees, etc. Some of the areas that have tended to be better all-around values in recent years are Texas, North/South Dakota, Louisiana and Wyoming. Stay away from any state with deep financial problems. Eventually, they will be reaching into your pocket to solve their fiscal problems.
by PhoenixV 2 years ago
Is Property Tax an oxymoron?Property is a possession. Property taxes seems more like renting. A rental does not seem like a possession.
by Rob Hampton 5 years ago
Would you buy lunar Real Estate such as an acre of land on the moon?I've seen some websites that offer lunar real estate but seems to be more of a silly novelty thing. Would you purchase if it was really available?
by ib radmasters 6 years ago
Who or what caused this shortageWas it the politicians or the people?Was it the democrats, or the republicansGovernor Jerry Brown, D, California must think it was the taxpayers because he wants to increase taxes to reduce the shortage.
by ngureco 8 years ago
Are There Workable Investment Plans In Real Estate For People With Small Money?
by jimolson 8 years ago
Now really is the time to buy Real Estate and I state this, not just as a professional in the field, but as an individual with both historic perspective and a strong economics background. Houses are on sale everywhere. Fair Market Value is only being paid for entry level homes and then...
by ga anderson 3 years ago
You work hard to build a fortune that you can pass on to your kids, or otherwise distribute however you desire on your passing. It is your money. Shouldn't you be able to do whatever you want with it, within our legal boundaries of course?What business does the government have taxing your estate...
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