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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 (12768)	8/20/2003 8:47:19 PM
From: David Jones	Respond to of 306849

.....Could you please clarify what a free market is..... The above question was never uttered by me, your producing rhetoric like Calif politicians. .....Living as a charity case on the real estate welfare program at the expense of working people is the opposite of a free market..... And your a real estate broker! aahaha ......If you don't believe people should have to pay property taxes you can always sell your home and move to a socialist paradise like Cuba..... Don't your parents live in Sweden? ......This is the wrong country to be promoting your "Support Prop 13" socialist slogans. Just sell out and move on to a welfare state more to your liking..... Where are your parents living?

To: Elroy Jetson who wrote (12768)	8/21/2003 5:25:43 AM
From: Wyätt Gwyön	Respond to of 306849

A Higher Tax on All Your Houses An amazing thing happened on the way to the California recall: Someone spoke the truth about the state's financial predicament. Billionaire investor Warren Buffett, ballyhooed as a top economic advisor to Arnold Schwarzenegger, told the Wall Street Journal that property taxes in California are ridiculously low. He's right. Thanks to Proposition 13 in 1978--an initiative no less stupid than the current recall and also put on the ballot by Republican conservatives--the state lost its most reliable tax base. Voters capped annual property assessment increases at no more than 2%. The property is reassessed at market value when it is sold. This gutted the core funding source upon which every other state relies to provide public services. thenation.com