AND WHAT ABOUT OUR MILLENNIALS?

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WILL HER FAMILY BE ABLE TO BUY A HOME & PAY PROPERTY TAXES?
Lately, I've been giving some thought to millennials, that age-group born between 1981 - 2000.  I suppose when most folks consider millennials as a group, they think of individuals who are best known for delaying the rites of passage into adulthood.  However, there is a lot more to millennials than we give them credit for.

In the U.S. as a whole there are more than 80 million millennials.  As a group, they consider Austin the 2nd best place to live in the entire country, just behind New York City.  Texas millennials, according to various surveys, are generally not buying homes because:

1.  They don't know how to go about initiating home ownership.
2.  Their limited incomes work against the purchase of homes.

All in all, when millennial income levels are taken into account, they don't stack up to average incomes for the previous three generations that passed through the same demographic.  Surveys show that, as millennials become aware of this contrast, they conclude that the American economy no longer rewards people for working hard.  Thus, there may be a major shift in thinking for this particular segment of the population.

12% OF CAMERON PROPERTY IS IN FORECLOSURE FOR
 TAX ARREARS.  DO WE WANT MORE?
In Cameron County, the median age now stands at 30.  At the same time, the average monthly housing cost for a home with a mortgage is around $1,100.00.  For man Cameron millennials, they are simply priced out of the market.

In South Texas a growing percentage of our young people is composed of those who are finishing higher education and beginning families. As they shift into high gear, enter the workforce and assume a myriad of responibilities, housing becomes a priority.  To impose higher property taxes on those embarking on careers and becoming integral parts of our county would be a travesty.  We must carry the message that property taxes should not be increased for an unwanted and unneeded healthcare district to Cameron County's millennials.  If they learn what is at stake, they cannot help but support us in our cause.  Let's not hesitate to tell young people what the November election is all about!

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