Bill Clinton Scandal - SANITY CHECK Message Board

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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Zeuspaul who wrote (4082)	9/20/1998 10:20:00 PM
From: Lizzie Tudor	Read Replies (5) of 67261

<OT> No when Im 50 I do not get the same deal, nor does anyone. The reason for this is that much of the real estate appreciation happened in the 70s and 80s. The people buying houses for the first time in the 90s dont get that deal. Do you really want to take away a home from an elderly person on fixed income as their property value rises beyond their control? Or from a student with limited resources as was my case? Yes I do. The elderly are the wealthiest segment of the population where I live. Im tired of this "fixed income" rhetoric. You have to look at these peoples net worth. As far as a student with limited resources, ha ha ha... gee nobody I knew had that problem - no student can afford a house now, no way, youre lucky if you can get your first house out here if you are a 35 yr old executive. The issue of whether taxes should or shouldnt be raised is not the issue. The issue is fairness and what I consider to be social engineering. If you have problems with your taxes going up, you need to solve that instead of placing your tax burden on the Gen Xers. You know there are entire neighborhoods in N California that are inhabited with nothing but people over 45. These houses are close to the best companies! What should happen? Prices should go up, property taxes should go up, those people that dont need to be next door to Oracle should move out. Thats the free mkt. What do we have right now? A bunch of people that just happen to be over 45 that got an incredibly sweet deal 20 years ago, literally nowhere, nowhere for the new workers to live, and if I want to move into that same area maybe Ill get lucky and someone will move and I can pay $700K for a house that would be half that if we had a true free mkt. I feel the same way about rent control.

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