Is Elon Going to Buy a Whole Town? Let's Talk Taxes, Texas, and Intentions

from RealEstateAF Podcast · host Mark A Jones - Founder of ReviewMyMortgage.com

Send us Fan Mail #ElonMusk #Texas #California #TaxBurdenElon Musk has reportedly purchased thousands of acres of land in Texas to build his own town for employees to live and work. The proposed town, adjacent to Boring and SpaceX facilities, is said to include rental homes below the local market value and a Montessori school. Texas law requires at least 201 residents before incorporating an area, and plans call for the construction of 110 more homes. Musk's move to Texas comes as he criticized California for "overregulation, overlitigation, overtaxation." This video provides insights into the survey conducted by WalletHub, comparing California and Texas' tax burdens.COERICION - co·er·cionnounthe practice of persuading someone to do something by using force or threats."our problem cannot be solved by any form of coercion but only by agreement"#ElonMusk #Texas #California #TaxBurden #WalletHub #Boring #SpaceX #MontessoriSchool #RentalHomes #MarkCuban #MustangTexasDiscussion References : https://www.youtube.com/watch?v=6h393V0FuBwhttps://finance.yahoo.com/news/elon-musk-reportedly-building-own-165241581.htmlNewsom: Texans pay more in taxes than Californians. Is he ...The Sacramento Beehttps://www.sacbee.com › capitol-alert › article271288017Support the showKey Factors Podcast is Powered by LoanBot.com Host: Mark Jones | Sr. Loan Officer | NMLS# 513437 If you would like to work with Mark on your next home purchase or as a partner visit iThink Mortgage.

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This episode was published on March 10, 2023.

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