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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (43252)	1/7/2013 9:02:51 AM
From: steve from ihub	Read Replies (1) \| Respond to of 219266

Hi Robert, Do you remember what happened to residential housing prices during the years that interest rates made that run up? Steve

To: robert b furman who wrote (43252)	1/7/2013 9:09:01 AM
From: GROUND ZERO™	Respond to of 219266

That may very well be where we're all headed... GZ

To: robert b furman who wrote (43252)	1/7/2013 10:04:47 AM
From: Kirk ©	1 Recommendation Read Replies (1) \| Respond to of 219266

Good morning Bob What else is new. The year. Have a happy one! I'm still not big on more real estate as I think local governments will tax the heck out of all of it. Already happens in Taxifornia. I believe you have to pay over $1M now on the SF peninsula to get a home in a good school district. If you move here and buy new, the property taxes and fees on $1M house then run about $12,500 a year and are limited to go up 2% a year. If you bought some time ago, you have huge capital gains that CA and Obama will tax to death after the exclusion. Doing the numbers, might make more sense to give the house to charity in exchange for income annuity and / or rent the house.... My guess is this will mean less selling and more rentals. I guess its time to sell everything and build a bunker on 40 acres. You didn't hear about the latest bunker tax? Buy some bee hives and sell honey for cash only - barter for eggs. Sounds like a plan, especially if you can put the honey in your vehicle and use it for fuel. Water and energy are two other areas we're getting hammered with fees. If roof-top solar and batteries to store the energy at night continue to come down in price, you wonder if people will eventually be able to get off the grid and avoid the taxes associated with energy consumption? Lots of talk about putting GPS in cars to track mileage and pay for roads with a use tax since fuel efficient cars don't pay their fair share of highway taxes..... ugh... At least we are still above ground. Beats the alternative. -g-