The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: TH who wrote (196889)	4/19/2009 2:17:40 PM
From: MulhollandDrive	Read Replies (2) of 306849

hi TH... don't have time to respond too much here (entertaining family) but i want to point out that you REALLY need to take into consideration the taxation issues in CA....my son is visiting right now and he told me that his CA income tax bill this year was THREE TIMES that of his federal taxes additionally, sales taxes have been raised, license fees, gasoline taxes, just about every tax you can imagine across the board is going up at any rate, dear son told me that for the first time he seriously wants to move out of the state... (a difficult though not impossible situation for him work wise since he works in the film industry)....first you had the 'equity refugees' leaving the state, and now i predict, get ready for 'tax refugees'....add on top of that soaring unemployment....so yes the prices continue to soften, but you are going to be tagged to foot the bill one way or the other for the decision to grace CA with your presence.... just something else to consider.... all the best... MD

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