Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David Jones who wrote (12729)	8/20/2003 5:44:13 PM
From: the_wheel	Read Replies (1) \| Respond to of 306849

Well, yeah, 1M is a 'regular' house round those parts. Surely, you don't wish her to live here: realtor.com How much do you think you could rent that for anyway?

To: David Jones who wrote (12729)	8/20/2003 5:50:24 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

yeah I own 2 houses, one of which I paid over $1mm for, but both have declined in value a little. But the very important difference between me and Mrs. Geezer living in Laguna in a $5mm home, is that I PAY MY TAXES. And if I were one of my neighbors, who haven't worked a day since they were about 40 (15 years ago), who pay about $800/year in taxes total even though they rent 2 homes... planning to "retire on the house"... I would be ashamed of what the schools and services in CA have become as a result of my greed. They feel that they are "victims" of course. Not too bright, those people.