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


To: Lizzie Tudor who wrote (168573)12/3/2008 1:07:59 AM
From: Skeeter BugRespond to of 306849
 
Lizzie, we agree ss is a scam.

>>All I am saying is that passing a law that locks your taxes at a specific rate, with the only increases at half or less than inflation, while you continue to use *services* which are appreciating at the inflation rate, is a scam.<<

okay, i can see your point up to increasing property taxes at the rate of inflation - about 3% per year. but that isn't what you've advocated - at least not until now.

btw, prop 13 also reduced the amount you pay in property taxes, too. it reduced the percentage paid in property tax by an average of 57% (you child thief, you - don't accept that blood money prop 13 tax reduction, just pay more! -lol-)

>>Its not smarts or some great planning, its simply ripping off the next group of people that want to come there.<<

i came next and i don't feel ripped off. yes, it is smart to buy a home at a reasonable valuation. if you do that, then this isn't an issue.

>>Blaming the govt for the credit bubble or blaming CA for some program or this or that has *nothing* whatsoever to do with it. <<

it has everything to do with it and who you spend your time blaming. you major in the minors. don't complain about the gnat on the bull that just gored you. blame the bull.

>>Some 60 year old living next door to a young couple with kids should pay the same taxes as them. Its ridiculous to argue otherwise, those that do are talking their pocketbook and that is all.<<

no, it isn't. if that family recklessly took on absurd obligations they could not afford, which is what happened all too often in the last 8 years, the old couple shouldn't have to suffer for reckless decisions they did not make. Its ridiculous to argue otherwise, those that do are talking their pocketbook and that is all.

i bought a home in 1998 - fully 20 years AFTER it was passed - AND PROP 13 HAS PROTECTED ME FROM MORONS WHO WAY OVERPAID FOR THEIR HOMES.

thank goodness i don't have to pay for the recklessness and idiocy of others.

your argument that it hurt everyone after 1978 is DOA. it only hurt people who over paid for their homes. i can afford my property taxes and i don't mind paying them. why? i bought at a fair price.



To: Lizzie Tudor who wrote (168573)12/3/2008 9:53:13 AM
From: tejekRead Replies (1) | Respond to of 306849
 
Like you were saying........

Report lauds California as country’s most affordable higher education option

mercurynews.com



To: Lizzie Tudor who wrote (168573)12/3/2008 1:04:40 PM
From: Live2SailRead Replies (2) | Respond to of 306849
 
I'm with you on the Prop. 13.

Now is the time to get rid of it! Mind you, I'm not saying that we should raise the rate above 1.25% or whatever it is, but the assessments should be ad valorem.