SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Jim S who wrote (48811)6/5/2006 5:26:49 PM
From: RinConRon  Read Replies (2) | Respond to of 90947
 
I don't know either, but it's the judicial activism that would worry me. In the early 1980's I bought a house in Brentwood for $400k. A realtor friend from the old neighborhood tells me it's worth $2,750,000 now. If they broke prop 13 and then re-applied it with the new valuation my bill would have escalated from $4k to $27.5k plus any local add ons. Many retired folks would have to sell in distress and flee the state. I'm happy that I left last year. What a mess.