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

To: JF Quinnelly who wrote (13017)	8/23/2003 2:35:47 AM
From: portage	Read Replies (4) \| Respond to of 306849

Anybody here REALLY believe that these guys would give a rat's ass about the poor old codgers if a change in Prop. 13 didn't threaten their own windfall ? Oh, unless it's their parents and they stand to inherit the house and benefit from the absurdly low tax rate that comes with it. They sure don't give a sh*t about the lifelong renter class that's developing below them. Hey : I'm a beneficiary of Prop. 13, holding a property at a locked in lower tax rate over a long term. This law is wrong. The freeloaders are blowing smoke. Change it for all. Tough love for the Prop. 13 welfare crowd.