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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: JF Quinnelly who wrote (12654)8/19/2003 4:30:59 PM
From: Lizzie TudorRead Replies (2) of 306849
 
Actually if I wanted to get more property on the market it might be easier just to suggest the potential demise of prop 13 and watch the "RE investors" (synonymous with- people that passed laws so they could extract money from their kids) go into a self induced state of septic shock.

Y'all really are afraid they're going to get you this time around and remove your cash cow loophole aren't you?

We'll just have to see how it plays. But with the highest sales taxes AND income taxes in the country already, and a 38 billion dollar deficit .... prop 13 has a bullseye painted on its rear end, it seems to me. Which is precisely why Buffett brought it up.
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