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Old 03-06-2007, 09:26 PM   #13
Mike P
Jiggin' Leper Lawyer
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Join Date: Oct 2000
Location: 61° 30′ 0″ N, 23° 46′ 0″ E
Posts: 8,158
California is great. In addition to not being able to buy a 1000 sq ft bungalow for under $750,000, they have this wonderful thing called Proposition 13. It basically froze property taxes for existing homeowners. Which is a great thing if you've owned your house for 30 years. But, how do you think they make up for it? By sticking it to new purchasers.

Wise men speak because they have something to say; Fools, because they have to say something.
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