Considering a relocation to memphis and like the Germantown area. Are there any neighborhoods in Desoto county with a similar feel?
My advice is go to Germantown…land locked few new homes older homes are in demand so resale is there for later. If you need schools the area schools are good.
Leave it to Mississippians to tell fellow Mississippians to leave the state. Just awful. He asked about Desoto and the trolls just had to come out.My advice is go to Germantown…land locked few new homes older homes are in demand so resale is there for later. If you need schools the area schools are good.
Considering a relocation to memphis and like the Germantown area. Are there any neighborhoods in Desoto county with a similar feel?
Homes built 30+ years ago. 2k+ square feet.
Are Southaven and Olive Branch going downhill in any way? Or are people just attracted to the 'new'?There are not a lot of the old craftsman style neighborhoods outside of Hernando that I would invest in. The trend right now is to move out of Shelby County, Southaven or Olive Branch to the Lewisburg or Center Hill areas of DC. Hernado still has the older neighborhoods that will hold their value. Anything close to the sate line I would look at newer construction. Also don't count out Collerville.
Are Southaven and Olive Branch going downhill in any way? Or are people just attracted to the 'new'?
Are Southaven and Olive Branch going downhill in any way? Or are people just attracted to the 'new'?
Yeah I imagine Hack's Cross is going to take a pounding. I do hope Reeves is successful in getting rid of the state income tax so we can attract some other businesses rather than just the big warehousing (specifically in the Desoto County area).Also forgot to mention eastern Desoto county has a lot of warehouses going up. I'm interested to see how the infrastructure will hold up to the heavy truck loads.
Stop saying the 'T' word, it isnt allowed.***Biggest issues in both are theft.
Are Southaven and Olive Branch going downhill in any way? Or are people just attracted to the 'new'?
Yeah I guess it's the same cycle as Anywhere, USA, except for the retail......which may slow down some of the value loss at a certain point. Retail seems nice for a while, but they does down rapidly. And brick and mortar was already going down, now accelerated by COVID, we may not see a ton of new retail investment. Just reinvest in the existing.Southaven, Horn Lake and OB proper are basically suburbs of Memphis. They are having the same issues as every Memphis Suburb. Shopping centers and Housing get older. A new school and shopping center gets built further out, people want to live near the new school and retail. I joke with my kids......they will one day live and send their kids to the brand new Independence high school in Tate county.
Positive though for Southaven and OB, the Silos development near Snowden and Cascades (OB) are utilitizing space near town and are bringing some nice retail and homes near the towns. However, the Ingrams Mills area of Desoto County is about to explode and the sprawl will continue.
A lot has changed in 20 years and it wasn’t for the better. That part of east Memphis just north of Olive Branch went down hill quickly.
Leave it to Mississippians to tell fellow Mississippians to leave the state. Just awful. He asked about Desoto and the trolls just had to come out.
Not to mention the total package is cheaper in Mississippi, regardless of the state income tax.
Carry on haters.
Yeah I imagine Hack's Cross is going to take a pounding. I do hope Reeves is successful in getting rid of the state income tax so we can attract some other businesses rather than just the big warehousing (specifically in the Desoto County area).
I'm not sure what the appeal is of repealing the state income tax. They will just raise it somewhere else to make up for it.
It's just generally better to tax consumption rather than productivity or wealth.
Plus, states that don't have an income tax are generally doing much better, but not sure how much of that is caused by the lack of income tax. Could be that having the type of assets that makes it feasible to go to a no state income tax are what's making those states successful. Tennessee does seem pretty persuasive to me. I understand why Texas and Florida could eliminate the state income tax while a state like Mississippi could not, but Tennessee being able to do it makes it seem more plausible to me that Mississippi can do it.
Are Southaven and Olive Branch going downhill in any way? Or are people just attracted to the 'new'?
population growth, growth in median or average hourly wage or family income, unemployment rate, fiscal health of the state, etc.How does one measure if a state with no income tax is doing better than a state with no sales tax
Not a big sample to do regression analysis, so all you can really do is look at alternative explanations and try to rule them out or in. You can come up with explanations like weather, natural resources, strong tourism, the "luck" of having a couple of the most successful companies in the history of the world headquartered there, etc., but the states don't really look alike and basically none of the explanations wouldn't also be true of California or new york.and accurately associate that betterness to the tax structure?
People that earn more will still tend to pay more in taxes because they will consume more. And to the extent that you utilize use taxes to pay for certain government expenditures (like gas/car taxes for road maintenance), you are putting the burden on the people that are benefitting from it. It's not perfect, but it's certainly more efficienet, which is why it makes sense that it would benefit states that put it in place.Consumption tax is certainly appealing in that it eliminates taxation on investing. It is also a heavily regressive tax which, without measures in place, overly burdens lower income earners.
Some of this I agree with and some I would question. Thank you for taking time to respond and also acknowledging it isnt cut and dried.
That's a great post.More than not being cut and dried, despite what politicians and policy wonks like to pretend, there are things more important than policy (as long as the policies are tolerable). California has had terrible policy for decades, and while it certainly has hurt it and chased out a lot of its middle class, it could stop being stupid tomorrow and just have "median" policies (or maybe modal?), and it would immediately be one of if not the most desirable places in the US to live. Mississippi could implement optimal policy tomorrow on every single thing you could think of, and we will still be a poor state with not enough population or dense population centers (both of which are possibly the most important assets to have), a large portion of its state dealing with legacy issues from over a century of policy that ranged from human rights violations to bad, and just wouldn't be that desirable to a lot of people and businesses. It would certainly help over time and help us grow, but it wouldn't be anything like instantaneous. And of course getting rid of income tax is just one good policy; we wouldn't really be anything close to optimal policy, even on tax. Unless we stop spending, we still won't be a low tax state, and we'll have a lot of dependencies on government spending that would be hard to unwind.