The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (10916)	6/2/2003 2:43:17 PM
From: Paul Viapiano	Read Replies (3) of 306849

I usually get into an argument with folks when I espouse this, but I feel that Prop 13 paved the way for the ridiculous housing prices in the California market. I can't believe that prop taxes would've forced millions out of their homes...the revolt should've been against housing inflation. I'd much rather pay 3-5% prop taxes on a "nice, normally priced" $200k home, than my current 1.25% on my $500k overly-inflated-fixer-upper...it'd save me about $1k a month! By the way, what are prop taxes % in Boston? How about NY state? Anyone?

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