Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: MulhollandDrive who wrote (1671)	5/21/2003 2:57:10 PM
From: benwood	Read Replies (1) of 4905

Even having paid off the mortgage, people will be in for a shock. I already pay more in taxes for my house than I used to pay for a 2 bdr apt 20 years ago. At 4% inflation of taxes, my prop taxes will be up to $800 per month in 20 years, and with maintenance, I'll still have to pay $1000 per month to live there. Methinks there will be a vast exodus to areas without a massive infrastructure to support.

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