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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 (12657)	8/19/2003 5:00:46 PM
From: David Jones	Respond to of 306849

....demise of prop 13 and watch the "RE investors" (synonymous with- people that passed laws so they could extract money from their kids).... Beat that horse, kick that dog.

To: Lizzie Tudor who wrote (12657)	8/19/2003 8:03:51 PM
From: JF Quinnelly	Respond to of 306849

I live in my house. How this makes it "a cash cow" is something you might know, but I sure don't. Perhaps you are confused by the idea of imputed rent, which is a common enough economic fallacy: brookesnews.com And no, I don't lose sleep over a gaggle of yuppie crybabies and their pet Nebraskan billionaire. Somehow I don't think you will get much sympathy from average Californians when you tell them you want them to pay substantially higher taxes because their property has inflated in value.