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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (168482)12/2/2008 9:27:16 PM
From: XBritRead Replies (2) of 306849
 
Recent immigrants (whether legal or not) tend on average to be poor, badly educated, and very expensive in terms of public services. Those people are highly concentrated in the LA and NY areas. that's the biggest reason for the high taxes in those two states.

If there are resentments to be held, consider the river of tax money that flows every year from the affluent Bay Area down to the ghettos of LA. I'm very surprised there hasn't been a secession movement to split the state south of Big Sur (we'll keep Big Sur itself, thanks). Maybe it'll come in a few years.
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