Thread regarding ExxonMobil Corp. layoffs

Houston becoming unlivable

HOUSING
Property taxes in Houston remain a double-edged sword: while they fund essential local services in the absence of a state income tax, they are among the highest in the nation.

Surging property values are leading to higher overall tax bills.

Due to rising home prices and interest rates. Monthly mortgage payments have climbing 44% since 2021 not including increases in taxes and insurance. Few have received raises of a similar magnitude.

Beyond the purchase price, rising insurance premiums and climate-related costs (like flooding and extreme heat) are making homeownership increasingly expensive.

TRAFFIC
Houston traffic is increasingly viewed as unlivable, with commuters losing nearly four days annually to delays, a number that rose in 2026. It ranks among the worst in Texas, characterized by severe bottlenecks on I-45 and Loop 610, aggressive driving, and rapid sprawl, making it one of the least livable major US metros.


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| 1 view | | 4 replies (last April 20) | Reply
Post ID: @OP+1kpjt5szj

4 replies (most recent on top)

Look at the bright side. At least you received a 0% raise this year!

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Post ID: @fh+1kpjt5szj

@OP Houston has always been unlivable except for a few far west suburbs.

You sound like someone who just moved from the west coast and is surprised that stuff in Texas actually costs money.

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Post ID: @d3+1kpjt5szj

property values are a scam invented by boomers to retire richer by banning any form of new development from happening in their vicinity

land is valuable, housing is not

in austin they are building like crazy and values and rents are down like crazy. this is no mystery. housing was made artificially scarce to enrich boomers at the expense of all other generations. a house is not an appreciating asset without laws supporting supply constraints.

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Post ID: @cd+1kpjt5szj

Ditto

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Post ID: @bx+1kpjt5szj

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