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: portage who wrote (13023)	8/24/2003 12:22:10 AM
From: JF Quinnelly	Read Replies (1) of 306849

Well, I have elderly parents who don't need to worry about being pushed out of their home, and neither do their friends. You know, the "greatest generation", the ones you pretend to admire when you watch "Saving Private Ryan", and whom you dismiss as welfare freeloaders when you find your own taxes too high. Thanks to Prop 13, being taxed out of your home when you are on a fixed income is not a worry for the elderly. But I'm sure that you and your friends can make it one once again. Anybody here REALLY believe that these guys would give a rat's ass about the poor old codgers if a change in Prop. 13 didn't threaten their own windfall ? Oh, unless it's their parents and they stand to inherit the house and benefit from the absurdly low tax rate that comes with it. That says a lot about your own values. Apparently you can't even imagine someone not being motivated solely by money or the anticipation of getting it. Sad.

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