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Politics : Did Slick Boink Monica?
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To: Lady Lurksalot who wrote (11838)3/22/1998 11:59:00 AM
From: Zoltan!   of 20981
 
>>If one follows custom, however, selling in Southern California while buying in Northern California is often referred to as the Big California Whammy.

Holly:

You must realize that prices in both areas incorporate that disparate reality, just as the commission of a real estate agent is reflected in selling price depending on whether it is a buyer's or a seller's agent that gets paid.

In the cases you describe, the seller in SCal gets a higher price than would be the case if the buyer had paid those costs and in NCal the opposite is true. Certainly if you bought a car that came with insurance you would pay more than if it didn't.

Unlike most laws, the laws of economics are immutable.

Duncan
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