The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (168282)	12/2/2008 9:50:52 PM
From: Skeeter Bug	Read Replies (1) of 306849

Lizzie, i don't see the problem. they bought their home when it was affordable - that's smart. you bought at twice the price knowing full well your tax obligations*. you didn't have to buy. your neighbors didn't make you buy or force you not to buy when they bought. no system is perfect, but the outlier's like a vacant home and a warren buffet benefiting doesn't mean there is a problem with the whole structure. i like california's property tax system a lot. i don't mind paying more for taxes than folks who bought way back when. i like the fact that many folks aren't forced to sell their home because of people acting all stupid in a credit bubble. if you ever get to the point where your property tax is the cheapest around, you'll like the system, too. don't think it can't happen, either. if inflation takes off, it could happen.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next