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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 (12951)	8/22/2003 1:59:56 PM
From: PerryA	Read Replies (2) \| Respond to of 306849

And notice I am not alone in my criticism of this system It's kind of sad, but it seems the majority is always incapable of being objective. Most will advocate whatever gives them an advantage over others regardless of any issue of fairness. Prop 13 is clearly unfair and should be viewed as such whether one wants more or less overall taxation. I happen to prefer lower taxation but I still consider Prop 13 a bit wacky with regard to fairness. Although I support the sentiments that led to its passage (i.e., tie the hands of politicians), I disagree with the unintended consequences (unfair distribution of the property tax burden). Unfortunately, I am not aware of any law that effectively tied the hands of politicians. Regards, PerryA

To: Lizzie Tudor who wrote (12951)	8/22/2003 2:22:53 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

I have never received an adequate answer from anyone here as to your justification for young paying more than older folks for the same house Why not rail that they paid a far lower sale price? Surely that has more effect on total cost than the amount of tax. Why not complain that they were able to buy a house 30 years ago, spend 30 years paying a mortgage that is a tiny fraction of what you pay? You won't do that because your argument would be exposed for what it is. Your over all level of taxation is too high. Anything you could do to lower it would help. Why not get a bunch of people like yourself together to sell each other their houses at 1970 prices and get that lower tax rate based on sale price? Drive down the price of housing and you have your high prop tax licked. No, you wouldn't do that either because anything that drives down the price of houses would put a serious damper on your net worth. You're blaming the old lady next to you but you should be going after the people in Sacramento.