The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (12951)	8/22/2003 2:22:53 PM
From: GraceZ	Read Replies (1) of 306849

I have never received an adequate answer from anyone here as to your justification for young paying more than older folks for the same house Why not rail that they paid a far lower sale price? Surely that has more effect on total cost than the amount of tax. Why not complain that they were able to buy a house 30 years ago, spend 30 years paying a mortgage that is a tiny fraction of what you pay? You won't do that because your argument would be exposed for what it is. Your over all level of taxation is too high. Anything you could do to lower it would help. Why not get a bunch of people like yourself together to sell each other their houses at 1970 prices and get that lower tax rate based on sale price? Drive down the price of housing and you have your high prop tax licked. No, you wouldn't do that either because anything that drives down the price of houses would put a serious damper on your net worth. You're blaming the old lady next to you but you should be going after the people in Sacramento.

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