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


To: Live2Sail who wrote (204994)5/29/2009 1:30:36 AM
From: Skeeter BugRead Replies (1) | Respond to of 306849
 
>>I would like the cap on the permissible annual increase to be lifted to 5% from 2%<<

why, so CA can give more money to the unions?

the teachers' avg salary went from $56k to $69k in 4 years. do you want them making $100k with a 50% drop out rate in LA unified?

oh, and get ready to pay pensions in that amount for 30 years after they retire.

the problem *IS NOT* the amount of taxes.

spending increased 79% (even after the financial crisis), while population + inflation increased 49% over the same time period.

why give these greed bags even more money to waste?



To: Live2Sail who wrote (204994)5/29/2009 1:05:39 PM
From: Steve_CRead Replies (3) | Respond to of 306849
 
Housing turnover rates in California are only about 8 months longer than the national average. I'm sure there are particular houses that haven't come on the market because of the Prop. 13, but to think housing would tank with its repeal is pure fantasy. Why do you want to live in a fantasy world?