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nostradamus
Participant[quote=UCGal]As I commented in another thread that you posted this… Why is this news? The way Prop 13 works, taxes go up around 2% every year. Even when property values go up 20%, even when property values decline 20%. Because prop 13 sets the assessed value at your purchase price, and increments it based on that… NOT on current market.[/quote]
It’s news ‘cuz it’s in the news. I added it here because the thread is about the advantages of renting over buying. As you pointed out, taxes always go up… So there’s argument #13 to rent.nostradamus
Participant[quote=UCGal]As I commented in another thread that you posted this… Why is this news? The way Prop 13 works, taxes go up around 2% every year. Even when property values go up 20%, even when property values decline 20%. Because prop 13 sets the assessed value at your purchase price, and increments it based on that… NOT on current market.[/quote]
It’s news ‘cuz it’s in the news. I added it here because the thread is about the advantages of renting over buying. As you pointed out, taxes always go up… So there’s argument #13 to rent.nostradamus
ParticipantLooks to me like we are tracking the 1929-32 crash now. Maybe you can base your sucker’s rally guesses on that.
[img_assist|nid=10606|desc=|link=node|align=left|width=100|height=73]
Taken from here.
Let us know which tickers you short.
nostradamus
ParticipantLooks to me like we are tracking the 1929-32 crash now. Maybe you can base your sucker’s rally guesses on that.
[img_assist|nid=10606|desc=|link=node|align=left|width=100|height=73]
Taken from here.
Let us know which tickers you short.
nostradamus
ParticipantLooks to me like we are tracking the 1929-32 crash now. Maybe you can base your sucker’s rally guesses on that.
[img_assist|nid=10606|desc=|link=node|align=left|width=100|height=73]
Taken from here.
Let us know which tickers you short.
nostradamus
ParticipantLooks to me like we are tracking the 1929-32 crash now. Maybe you can base your sucker’s rally guesses on that.
[img_assist|nid=10606|desc=|link=node|align=left|width=100|height=73]
Taken from here.
Let us know which tickers you short.
nostradamus
ParticipantLooks to me like we are tracking the 1929-32 crash now. Maybe you can base your sucker’s rally guesses on that.
[img_assist|nid=10606|desc=|link=node|align=left|width=100|height=73]
Taken from here.
Let us know which tickers you short.
nostradamus
Participant13. Property taxes are going up.
nostradamus
Participant13. Property taxes are going up.
nostradamus
Participant13. Property taxes are going up.
nostradamus
Participant13. Property taxes are going up.
nostradamus
Participant13. Property taxes are going up.
nostradamus
ParticipantProperty taxes going up.
nostradamus
ParticipantProperty taxes going up.
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