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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (12670)8/20/2003 5:20:45 PM
From: David JonesRead Replies (1) of 306849
 
.....I just loved the Los Angeles Times expose of the Ken Lay-esqe Laguna Beach welfare scammers living in debt-free $5 million dollar homes.....

So raise their property taxes and force them to sell and move away form friends and family. Throw them out to the mercy of the market plus pay a couple million in capital gains to Calif. That's really being human there Elroy. That's the Californian tax and more tax attitude that brought Prop 13 in the first place.
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