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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mr. Sunshine who wrote (10924)6/2/2003 5:41:51 PM
From: Wyätt GwyönRead Replies (2) of 306849
 
I really support Prop 13. Does that mean I am elderly? I am only 42!

yeah, but aren't you in the mortgage business? Prop 13 is middle class and upper class welfare, which of course benefits the mortgage business. if you don't think so, just talk to all the people in Austin who pay 50K a year property tax because they live in 2 million-dollar homes. then talk to the people in California who pay 2K a year to live in similarly valued homes. you will notice that one group is receiving state welfare for the rich.
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