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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (168546)12/3/2008 12:32:53 AM
From: Skeeter BugRead Replies (1) of 306849
 
>>Would you, if allowed today, vote on a law that capped your gas prices, food or income taxes at todays rates with increases of only 2% per year, knowing that inflation typically runs a few percent above that and has even been double digits?<<

apples and oranges.

there is no real equivalent. again, nobody made you purchase the homes. you knew the rules.

>>What you are doing, when you vote on laws like that, is shunting your tax burden on to your kids. Its fine if you call it what it is, but saying "thats smart" reminds me of my elderly neighbors, who really just leach off the system but think they are entitled.<<

again, that's an outlier situation. it is rare. very rare.

i'm not pushing taxes off on anyone. there are many ways to collect taxes, not just the value of a home. i pay income tax, i pay gas tax, my employer pays one of the highest business taxes in the nation. i pay sales tax, i pay phone tax, i pay all kinds of taxes.

again, CA suffers from gross negligent SPENDING. they have plenty of tax revenue as it is - even with some long time home buyers paying lower property taxes.

>>One thing I have noticed is that in most of the country, parents and the elderly tend to like to dwell on how hard they had it vs their kids, how spoiled their kids are etc. Not in california. In this state the elderly are the spoiled children, a real waste of resources out here.<<

are all your neighbors elderly? it seems they have found a way to get on your last nerve. i'm sure you can find some joy in knowing tens of thousands of middle income elderly are not displaced by bad economic policy and stupid home buyers that tripled housing prices with no increase in income. it would be a travesty if they were forced to relocate from their homes due to other people's stupid greed.
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