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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 (12697)	8/20/2003 1:51:44 PM
From: ild	Read Replies (1) \| Respond to of 306849

Elroy, thanx for the reply. I understand that California property taxes are lower than in many other states and also Prop 13 limits them. My question was about overall taxation level in California vs. other states. From your earlier posts I see that you put pretty high probability on California going broke. Obviously all politicians respond only to crises, they don't try to envision problems. Do you think California is at crisis right now? When will it be? Is it possible to avoid getting deeper in crisis? Is there "happy end" scenario? Is it possible to have healthy USA and sick California?