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


To: Whitebeard who wrote (43859)10/30/2005 1:24:23 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
You'll never convince anyone that went through the 70's.

I know that, but the problem is, the people from the 70s are in a state of denial as to what this has done to the younger generation. I mentioned keeping 13 for houses people live in, if this was all about the "tough times" people went through in the 70s, then grandma and grandpa would be all for it right? Because they could keep their house that they live in, and the kids could buy in where they work.

But we both know grannie and grandpa won't go for it, because they live in Phoenix and have essentially retired on nothing more than the dumb luck of buying ONE house in CA and passing a discriminatory law at their kids expense, that is the problem. Its not about the pain of the 70s, its about greed now.

BTW I lived in CA in the 70s also for a time.



To: Whitebeard who wrote (43859)10/30/2005 2:47:31 PM
From: Wharf RatRead Replies (2) | Respond to of 306849
 
Went thru the 70's. Paying $150/month for my house, $100+ for my car on an income of $700. (But I had help; I went to my folks once a week for dinner and a washing machine. )
Voted against prop 13. Never came close to losing my house.