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

To: damainman who wrote (81011)7/11/2007 2:23:30 PM
From: TradeliteRespond to of 306849
 
Being cynical about it is OK, I guess, but renters pay property tax, too, because their landlords charge them for it and pass it along to the government. As long as someone owns the building, the government is OK with that.



To: damainman who wrote (81011)7/11/2007 11:39:16 PM
From: patron_anejo_por_favorRespond to of 306849
 
There's that element, also mucho lobbyists from the NAR, FNM, MBA, etc, etc. Big bucks lining politicians coffers. If they had a referendum asking people "Would you support higher taxes in order to move margina buyers into homes" (which is the honest question), I'm pretty sure the answer would be a resounding no.


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