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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (43743)10/27/2005 3:59:56 PM
From: Live2SailRead Replies (1) of 306849
 
"This person has compelled me to change my mind on a huge number of things."

Incroyable! I gotta see those posts. Can you give me a link?

"Consider your belief that Prop 13 has made house prices rise. If you were given two identical houses, one with a higher tax.....would you not demand that the one with a higher tax be sold to you at a discount to the other, in order to account for the higher future cost of the taxes?"

Of course. However, is this a choice available to the Californian looking to buy a home right now? No. The real question is given that you are living in a home right now, would you pay more to move into the exact same home next door?
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