My understanding is that the roots of most trees extend roughly to the drip line. As long as the drip line is not extending over your foundation or driveway you should be OK.
That being said. roots will seek a water supply and nitrogen. So if your house or driveway is on the downhill side of a tree, the roots may, depending on several factors, gravitate toward your concrete.
I don't know where the 60 feet comes from. I think that it all depends on the size of the tree. I don't think that a ten foot Crepe Myrtle 20 feet from your house is going to cause a problem. If I'm not mistaken, Palms do not have a very wide root system so unless they are very close to a driveway or house, they shouldn't be a problem.
As far as Live Oaks. I like to look at them as well. To me the pruning, clean up and all of the other work associated with them is not worth the effort. I love them as long as they are not within a few hundred yards of my property. As has been pointed out, they will make a mess on your neighbors property as well, especially if not properly trimmed and maintained. Yes, some types of grasses will grow under them so you have to be prepared to spend some money having your lawn re-sodded with that type of grass.
As far as I'm concerned, they should not be allowed on house lots. I'll go down to the park to appreciate their majestic beauty.
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