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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 (12512)	8/17/2003 2:44:14 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

Lizzie, the impression I get from reading a little on this subject is that much more than property tax rates have contributed to California's housing shortage. Sounds more like the same problem we have where I live----restrictions on building on available land due to slow-growth policies championed by various special interest groups. Not that those groups are always wrong. We do need open space and trees for environmental-quality reasons, and we would need to spend considerable tax dollars to upgrade infrastructure (water, sewer, schools)to randomly accommodate all the population growth which seems to want to occur no matter what.