[The-Shoveler]

“As of late, the Parisians (and Londoners and Berliners) are, sadly, more like Americans and in some of the worst ways (constantly checking their devices, doing the grab-and-go lunch or dinner and moving at a faster pace.)”

Yes We Win…
It’s all about Cheap GM Corporate farm FOOD !!

Slowly we will kill off all the remaining small euro farms and the American GM corn feed hormone inject beef burgers will take over the WORLD !!!

YES PINKY WE WIN !!!

[The-Shoveler]

When even Brown says state and local public pension benefits are “unsustainable,”

You know you have a problem.

Monetize it or go bankrupt, those are the options we are left with at this point.

[The-Shoveler]

I still maintain, if Europe drags us to the bottom with it,
Nothing is off the table.

[The-Shoveler]

Seriously Brain ?

Look it was just a matter of time before the iclones came, I can’t believe MS fell for (must make hardware) Idea.

Being that Apple is/was about 15% of the Nas, this could be interesting.

Nothing is that cool.

[The-Shoveler]

[quote=AN][quote=flu]I’m basically disputing the notion that areas with MR always have higher taxes (as percentage of assessed value) to other older areas without MR.
Not necessarily the case.

AN, the MR in CarmelV, about $1850 goes to schools.
The rest is peanuts. This isn’t that much different from areas with special bond assessments to schools, except that in this case the MR is goind directly to the grade schools in the district (not necessarily remote schools or community colleges,etc)….[/quote]
I agree with your argument. I did state why I think CV MR is not that big of a deal. It’s not special to CV. I think for areas that have mostly built out infrastructure, the MR shouldn’t be that big of a deal. It’s only brand new areas like San Elijo, Del Sur, 4S, etc that it can get crazy. The reason CV doesn’t have bond for community colleges because it’s a tiny area and there probably won’t ever be a CC that gets built there. Just look at San Elijo Hills. Since it’s part of San Marcos, although it’s new and have MR, it has to pay the bond for PALOMAR COMMUNITY COLL PROP M.[/quote]

I got to go with what AN is saying,

Same crazy difference in Tax/MR that exists in TV can be seen in San Marco’s as well.
One tract built Maybe only 5 years before the one next to it (homes look almost the same, not much difference in construction)
The older one built in 2000 will have an MR of say about 1K a year, the one built in 2005 in some cases over 6K a year.
You have to watch your MR in the newer area’s (well unless money is no object).

[The-Shoveler]

[quote=flu][quote=The-Shoveler]I will say this, In RC the difference can be very large between the 1.9% tax rate and the 1% rate on the tract homes across the street who go to the same schools/parks etc.…
Especially when the homes were bought at peak in 2005 and now sell for half that but the RM remains at 2005 level (were talking almost 3% at that point).
It is all relative I guess.[/quote]

Well those homes bought at peak should have been reassessed by now.[/quote]

Absolutely
Home bought in 2005 600K 1.9% Base +MR = tax 12K (roughly)
Home now bought at 300K 1% + MR = 9K (roughly)
Home across the street 1% + a little = 3K (roughly)

The lower the cost of the home the more the MR has an impact.

[The-Shoveler]

0% 5 year loans on all durable goods.

[The-Shoveler]

I will say this, In RC the difference can be very large between the 1.9% tax rate and the 1% rate on the tract homes across the street who go to the same schools/parks etc.…
Especially when the homes were bought at peak in 2005 and now sell for half that but the RM remains at 2005 level (were talking almost 3% at that point).
It is all relative I guess.

[The-Shoveler]

You would be surprised, They have a few industries and a police force as well as fire department and court system etc… so…

[The-Shoveler]

At my current base camp 1% (or very very close to that).

[The-Shoveler]

Next up, Compton,
Ok not exactly a garden spot but definitely part of the L.A. inter city area, So the lizard land excuse will not work this time.

[The-Shoveler]

They are probably one of these article mills, just look at statics like % underwater etc.. with out doing any real research then try to generate a half interesting article especially if it has a catchy headline, they get paid more on quantity than quality most of the time.
Does make a good headline though
“SD RE in the crapper… stay tuned…”

Come to think of it a lot of similar articles get posted to this board.

[The-Shoveler]

The math and the fact that the current unstable condition remains(always just one step from disaster ie.. another great recession/depression).

How many more years can we avoid another one while we wait for the most or one of the most crucial sectors to become stable (ie… the majority of underwater home owners are no longer under water).

The situation is going to remain precarious at best until the condition above is no longer the case.
Were the above to happen at the current level, things will go south fast.

[The-Shoveler]

That’s the problem with growing up in California,
The people I have known who moved out of California and have managed to stay in contact with have expressed extreme regret for moving.
Most have moved back at great expense.

Another thing I used to hear a lot.
The best thing I ever saw was (pick your state ”usually Texas”) in the rear view mirror.

[The-Shoveler]

From my humble observations in life,
Success comes mostly from having a good work ethic early in life.
Having health, looks with a little luck thrown in never hurts.
Things most people have at least a little control over like not being overweight, not being into drugs etc.. help a lot too.

I know a few individuals who never went to college and have done extremely well for themselves, I know college grads driving trucks for a living and a few on welfare. College is not the end all be all it is billed as well.

[Author]

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