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


To: Whitebeard who wrote (43853)10/30/2005 12:47:37 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
thats fine, everyone has sympathy for those who were forced out of their homes in the 70s.

The problem is, today we have entire neighborhoods of absentee landlords paying under $1k for services that cost 3x that, and skyrocketing property values based on lack of availability.

A happy medium is required here. Raise the annual appreciation amount and for those houses assessed at 1/10 their current value, reassess to 1/4 of their current value or something. And disallow 13 on investment property. That would fix everything. For those that really are concerned about "being forced out of their homes", they would still be protected. But the rest of the people who use this 30 year old issue as an excuse for investment incentives, will be SOL. Thats ok.

BTW the days of being able to afford a house, any house in CA in your 20s are long past. 13 basically screwed the future generations out of something that was practically assumed for people your age. You got rich- at their expense.



To: Whitebeard who wrote (43853)10/30/2005 1:11:13 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
It's also why I think Jimmy Carter was the worst president of my lifetime.

Looks like Bush is going to get that distinction going forward.

Bush Job Approval Hits 41%—All Time Low; Would Lose to Every Modern President; Public Rates All Levels of Government Poorly in Katrina Handling; Red Cross Rated Higher Than Federal Government, 69%-17% —New Zogby America Poll



To: Whitebeard who wrote (43853)10/30/2005 1:35:31 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
" It's also why I think Jimmy Carter was the worst president of my lifetime."

I used to agree with you, until just lately. Carter's gone to #2 worst! (I DID live through the 70's!)

Carter was certainly more depressing than Dumbya. He felt there was a "malaise", and he was honest enough to make us all feel it too! It's a serious flaw of the honest. On the other hand, there's something to be said for a President who wants you to hunker down in the cold with him in a cardigan to fight for energy independence, and you KNOW his thermostat is REALLY set lower than yours. We didn't listen then.



To: Whitebeard who wrote (43853)10/30/2005 7:40:47 PM
From: mishedloRead Replies (3) | Respond to of 306849
 
It's also why I think Jimmy Carter was the worst president of my lifetime.

Carter is hardly the worst president the US ever had.
For starters he did lots of good things

1) For the envirnomment
2) Brokered peace in the mideast
3) Brought back honesty and integrity to the whitehouse

People blame him for inflation. That is absurd.
It is like giving Clinton credit for the boom.
Carter came along at the peak of the K-Cycle summer inflation.
Clinton came along during K-cycle Autumn with an interenet boom to boot. Anyone would have succeeded during those years.

The worst president ever has to be Bush who has succeeded wasting 400 billion dollars and thousands of lives over a blatant treasonous lie. Second up would have to be Johnson wo also steered our country into a stupid war that should never have been fought. There you have it (one idiot warmonger on the right and one on the left). Some of the huge problems we face today (like social security) have their roots in FDR. One can easily make a case that he lies at least somewhere near the top of the list. Some people even think he purposely allowed Pearl Harbor to be bombed. I do not know enough to speculate on that but I do know we are suffering still from actions he did.

Carter certainly was not a great president but he sure was not a horrid one and possibly he was not even a bad one. Perhaps he was fair to poor and we sure had lots of those.

Mish