Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (2189)	3/31/2014 4:48:26 PM
From: John Vosilla	Read Replies (2) \| Respond to of 2722

I think its very hard for people east of the Rockies to understand the CA housing market. It feeds off itself in a way that makes it very different. We see it in Boston, NYC, Philly, DC even Miami.. Many of the same dynamics but you got the best weather by far, the far more creative, educated class of immigrants from Asia and Prop 13. Does Prop 13 do a lot to hold a ton of supply from every going to market? The NE cities really crushing long term owners with property taxes going up at double digit rates each year it seems..