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


To: Les H who wrote (10915)6/2/2003 2:25:43 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
They must have interviewed about 2000 people before they finally found a new buyer that has no issues with paying 5x the property taxes that their elderly neighbors pay. LOL. The management in SV wants this law gone, I know that.

She says it doesn't bother her that many of her neighbors pay less in property taxes, and she's looking forward to the same protection in the future.

"My wages as a teacher certainly won't rise, and without Proposition 13 there would be no way I could keep my house with home value increases and being reassessed every year," Augusta says. "A 2 percent cap helps me a lot ... and I don't think I'd ever vote to repeal it."