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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Steve_C who wrote (205308)5/30/2009 2:32:39 PM
From: Patricia TrincheroRead Replies (1) of 306849
 
Yes........I agree that one of the two packages will become reality in the not too distant future.

I find it impossible to start a prop to reduce the police and fire pensions because I know I would be targeted.............police and firemen stick together and that's a fact.

My husband and I were once bar owners.......we know how the system works. We frequently got rides home with cops............cops that had been drinking . Once I had to grab the wheel of the car we were in while a cop was driving and had an emotional breakdown. He was a CHP with a high rank.

Prop 13 has been useful to many of us. My husband and I chose not to buy upwards and instead, do upgrades on our current residence...........and thank GOd for that as the economy tanked. We can use that money we would save in tax payments for our son's college and for travel,etc. I don't need to live in a million dollar mansion to be satisfied..............my 2100 sq ft 4 bedroom, 3 bath home works fine for me. We carefully selected a good neighborhood on a cul de sac which is close to a couple schools when we bought the place back in 87. I also like the bigger lot that comes with older homes. The new houses have matchbox sized yards.

We have friends that upgraded and pay huge sums in taxes............some pay 2k a month!!! We also have friends that are losing their big homes because their incomes have reduced and their taxes and payments have not been reduced.
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