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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Ramsey Su who wrote (12411)8/15/2003 8:36:56 PM
From: Lizzie TudorRead Replies (2) of 306849
 
In silicon valley a huge % of the available houses are rentals from absentee landlords.

But anyway that isn't the issue to me.

The issue is, should Warren Buffett pay 2K for a four million dollar house while I pay 16K for my house. Tell me why you think this is just, I'd love to hear it. Because the schools around me suck, the community college is in a 50 yr old bldg and other services are in dire need of repair.

Call me crazy but it seems to me Warren should be paying at least 20K for a four million dollar house.

PS I am getting REALLY tired of these giveaways to the rich
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