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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 (12545)8/17/2003 7:44:10 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Lizzie....remember one thing...your employees are living in the situation they are living in, because they bought into it. That's what has kept California real estate and taxes where they are. Maybe more people need to visit the polls on election day or get involved in local politics.

We have major tax-revolt stuff going on from time to time where I live. Why don't you? (we do it locally---we haven't thrown out the governor yet, because he doesn't control local taxes YET.)

Buyers are the market. Buyers are the market. Buyers are the market. NOT the governor, not the sellers, not real estate agents....just the buyers. Either they make a decision to buy into something at a particular price, or they do not. And every buyer over the age of 18 (I think) has a vote.



To: Lizzie Tudor who wrote (12545)8/17/2003 7:54:17 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Liz,
RE:"My employees, who make between 60K-90K and probably have a net worth of less than 200K TOTAL, live in a house priced somewhere between 500-600K and pay 3-4 times what Warren Buffett pays."

I guess Tradelite is saying...take your business to another place where the cost of doing business is less. Isn't that what is happening? You could get the same people for 40 to 50k and both you and the employee would be better off. No?


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