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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (9002)	2/18/2003 1:12:53 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

I'm not complaining about rents, this has nothing to do with the price of rents. The issue is that people that own homes and rent them don't pay for the services their renters use with the current system. The services are subsidized by people like me which is an excess tax on me to pay for some wealthy homeowner. The rent price issue is peripheral because as my taxes go up, my cost of ownership goes up, and therefore it allows longtime owners to charge more and more rent as new buyers around them have to pay more and more. My issue is redistribution of wealth. Nothing more than that. Any true capitalist and "no new taxes" zealot should understand the concept that redistribution of wealth is bad. Somehow whenever redistribution of wealth seems to serve the needs of the no-tax crowd, it all of the sudden becomes ok.