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

To: Patricia Trinchero who wrote (205305)	5/30/2009 1:09:30 PM
From: Steve_C	Read Replies (3) \| Respond to of 306849

What does any of that have to do with what will happen to home prices with a repeal of Prop. 13? I do get it that a lot of you are angry about the retirement packages of Ca state employees. But let's focus on the question I asked of Live2sail. You know, if you really want to do something about public employees, you can create a proposition to reduce or eliminate those packages. Alternately, bankruptcy is a nice alternative to eliminate those obligations. I'm predicting one of the two alternatives will occur in the next decade - it's inevitable.

To: Patricia Trinchero who wrote (205305)	5/30/2009 1:18:17 PM
From: Skeeter Bug	Respond to of 306849

Patricia, steve just wants you to shut up and pay more taxes. you see, the problem is complex.

To: Patricia Trinchero who wrote (205305)	5/30/2009 2:56:29 PM
From: Amelia Carhartt	Read Replies (1) \| Respond to of 306849

"All the citizens of this country are going to be on the hook for all the state gov't pensions soon because the states are all operating in the red." Actually, Montana is in the black. :)