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

To: Elroy Jetson who wrote (12670)	8/19/2003 11:39:30 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

What is amazing is these elderly rich crybabies see themselves as victims. Little do they know that not too many folks under 50 have much empathy for their situation. I remember talking to a guy about prop 13 on SI once, he said that without prop 13, he would have never been able to buy a home while he was in college in the 1980 timeframe. As if anybody in college could ever buy a home in CA now, without a last name of Jobs or Gates. These house-rich people just don't have a clue as to the day to day economic issues that regular people (without this windfall) have to deal with, it is amazing really. The more of these "poor little old lady in a 4 million $ home paying $500/yr property taxes eating dog food" stories they run, the less support these people will have for their "plight".

To: Elroy Jetson who wrote (12670)	8/20/2003 5:20:45 PM
From: David Jones	Read Replies (1) \| Respond to of 306849

.....I just loved the Los Angeles Times expose of the Ken Lay-esqe Laguna Beach welfare scammers living in debt-free $5 million dollar homes..... So raise their property taxes and force them to sell and move away form friends and family. Throw them out to the mercy of the market plus pay a couple million in capital gains to Calif. That's really being human there Elroy. That's the Californian tax and more tax attitude that brought Prop 13 in the first place.