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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: tejek who wrote (29567)7/18/2011 7:35:19 PM
From: John Vosilla  Read Replies (1) of 119362
 
'Between the illegals and Prop 13, it explains why Californians have so much disposable income.'

Maybe for the long time established families in the well to do areas that have gone up a lot in value since 1978 that is true..

Also explains why home prices don't drop that much in many older desireable areas there.. Why ever sell your properties in paradise?
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