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

To: Skeeter Bug who wrote (168499)	12/3/2008 12:06:13 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

. they bought their home when it was affordable - that's smart. you bought at twice the price knowing full well your tax obligations*. Would you, if allowed today, vote on a law that capped your gas prices, food or income taxes at todays rates with increases of only 2% per year, knowing that inflation typically runs a few percent above that and has even been double digits? What you are doing, when you vote on laws like that, is shunting your tax burden on to your kids. Its fine if you call it what it is, but saying "thats smart" reminds me of my elderly neighbors, who really just leach off the system but think they are entitled. One thing I have noticed is that in most of the country, parents and the elderly tend to like to dwell on how hard they had it vs their kids, how spoiled their kids are etc. Not in california. In this state the elderly are the spoiled children, a real waste of resources out here.