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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (283386)	4/7/2006 5:59:22 PM
From: Tenchusatsu	Read Replies (1) of 1572154

Ted, it is my firm belief that California's troubles didn't start w/ Proposition 13. Think about it, if Prop. 13 created a boom in housing prices, then the CA state treasury will still cash in no matter what. People moving into the state will get the shaft, along with people who move from one house to another within California. The big problem is the influx of new residents. The legal ones have helped create a supply-demand imbalance in real estate (myself included), while the illegal ones have burdened public services and exacerbated the conditions of poverty in areas that are already poor. You could argue that without Prop. 13, many current residents will be forced to move out because of real estate speculation and its impact on property taxes, but no Californian politician would ever stand for that. And the illegals will still be pouring in anyway. Tenchusatsu

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