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


To: Lizzie Tudor who wrote (12392)8/15/2003 5:16:21 PM
From: David JonesRead Replies (2) | Respond to of 306849
 
...kill the sacred cows like prop 13 which destroy the future of CA in order to preserve the past....

Pound that drum, beat that dog.)

....prop 13 or hobble it in some way and the tech industry is going to be overjoyed....

Are not some your industries biggest companies in SV? What would happen to SV if they and others like them moved out of state. After all they've been beneficiaries to Prop 13 for how many years? Add high property tax to high workers comp, very restrictive environmental conditions, mandated employee time off, mandated emigrant supplements and more that I cant place my mind to right now and lets see where it all leads.



To: Lizzie Tudor who wrote (12392)8/16/2003 3:00:28 AM
From: Wyätt GwyönRead Replies (1) | Respond to of 306849
 
killing prop 13 would probably help the tech industry in Silicon Valley, because the crash in real estate prices in the Bay Area will make housing more affordable. thus employees will be able to have the same or higher standard of living on lower salaries. lower cost structure will make the industry more competitive.