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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ild who wrote (12386)8/15/2003 4:54:59 PM
From: David JonesRead Replies (2) of 306849
 
...If yes, I guess houses will dive but rents will soar...

Could and no. Homes were moving fine before 13 and after by the way, plus rents are market driven. Tenants can only pay what the can afford.
Do away with 13 and return to the 50 to 100% rise in property taxes a year like pre 13 and run more business and jobs out of Cal. Now that will lower home prices.
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