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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (13601)9/10/2003 5:21:36 PM
From: deenoRead Replies (1) of 306849
 
No I dont have a link. It was in the local papers here for months. Was decided, I would say about a year or so ago. I also beleive your right about the timing. Had his valuation dropped like $100,000 in the mid 90's. then in late ninetys raised it back up over a 2 or 3 year timeframe. He contended that was a violation of prop 13. The courts held that it was some kind of recapture and was not protected by prop 13. Dont no if it was ever appealed, but its been out of the news for quite a while. I beleive the effort was financed by the Jarvis group for prop 13, so maybe they might have more particulars
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