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


To: J. P. who wrote (12463)8/16/2003 9:24:36 PM
From: David JonesRespond to of 306849
 
......<<My property taxes would literally be 43% of our income. That doesn't include the mortgage.>>
Now you begin to see the plight of first time buyers......

Just the opposite. Tax people right out of there homes ala pre 13.



To: J. P. who wrote (12463)8/29/2003 6:41:15 PM
From: techanalyst1Read Replies (2) | Respond to of 306849
 
Why do you think those of us who bought in 1998 are not selling? We know we can't afford to pay the higher property taxes, let alone the ridiculous rise in prices we've seen.

Only ones who can afford to move in my tract are those who are selling other houses that have gone up a ton, but they still have to deal with the higher property taxes.

I think we're overpricing our market, bwdik?