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: GraceZ who wrote (13141)	8/25/2003 1:34:50 AM
From: Elroy Jetson	Read Replies (3) of 306849

The reality is that Disney, like most large businesses, is opposed to Prop 13, even though they have the largest savings from the rollback. The primary concern of large business is being able to hire well educated people at a reasonable rate and to be able to do business in an environment with a well functioning infrastructure. Prop 13 interferes with these goals. Large business in California object to being singled out, that is removing Prop 13 for business but not for homes. The Business Roundtable and other representatives of large business support the complete repeal of Prop 13. While you think Disney's should be most concerned about their tax savings on real estate, Disney is concerned about employees being able to live close to their employment and their customers being able to easily come to their venues on functioning roads. This is a typical problem which occurs when an autocrat who knows best attempts to impose their "wisdom" on the market. You may argue that Disney is just "too liberal" to know what's best for themselves. They would argue that you know too little about running their business, perhaps any large business.

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