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UCGal
Participant[quote=dbapig]Is there anyone on this thread who’s old enough to remember what happened to schools when prop 13 passed?
I heard someone talk about what happened in his high school when this passed. He said the following year most of the after school programs were cancelled for lack of fund.
This thread made me look into prop 13 in more detail. Looks like negatives outweigh positives.
http://en.wikipedia.org/wiki/California_Proposition_13_(1978)
One more thing. I recently got to talk to a South Korean citizen about schools etc. He’s here for grad school and his son attends an elementary school. He told me he was so shocked to see cutting education budget was one of the first responses when the budget crisis hit CA. When the IMF crisis hit Asia and S Korea, govt and companies were cutting anything and everything. However even during that wrenching time, laying off teachers was never discussed. Not one teacher was laid off for budget reason.
I know the 2 nations have different make up of population and one has big illegal immigration problem but still something to think about.[/quote]
I’m going to raise my hand and admit I’m old enough to remember. It’s not quite as clear cut as you show it.
Yes – budgets were cut to schools with Prop 13… and to a lot of other services. I was in high school when it passed – so I didn’t feel the effect till the cuts hit the CSU system a few years later.
The CA lottery came online around that time to “make up the difference” – all of the revenue from the lottery is *supposed* to go to schools. It obviously doesn’t. I was at SDSU in the early 80’s when they literally cut every part time and non-tenured professor. It was impossible to get classes… Crashing at the beginning of the semester was ruthless! They also cut back hours to Love Library, etc.
That said – I’m watching with an apples to apples comparison… My kids are attending the same elementary school that I did. When I attended in the 60’s (pre-prop 13) class sizes were much larger than they are today. So some things improved after (despite?) prop 13.
I also live on a block where at least half of the residents either bought from their parents or have lived there since pre-prop13… Obviously, as a group, we’re not paying our “fair share”. But it’s hard to say that a person who bought a house to live in for $25k in 1964 should pay taxes on it at the market rate of ~$650k.
Ironically – I paid more in property taxes on a much less expensive home outside Philadelphia. Elementary schools are comparable.
UCGal
Participant[quote=dbapig]Is there anyone on this thread who’s old enough to remember what happened to schools when prop 13 passed?
I heard someone talk about what happened in his high school when this passed. He said the following year most of the after school programs were cancelled for lack of fund.
This thread made me look into prop 13 in more detail. Looks like negatives outweigh positives.
http://en.wikipedia.org/wiki/California_Proposition_13_(1978)
One more thing. I recently got to talk to a South Korean citizen about schools etc. He’s here for grad school and his son attends an elementary school. He told me he was so shocked to see cutting education budget was one of the first responses when the budget crisis hit CA. When the IMF crisis hit Asia and S Korea, govt and companies were cutting anything and everything. However even during that wrenching time, laying off teachers was never discussed. Not one teacher was laid off for budget reason.
I know the 2 nations have different make up of population and one has big illegal immigration problem but still something to think about.[/quote]
I’m going to raise my hand and admit I’m old enough to remember. It’s not quite as clear cut as you show it.
Yes – budgets were cut to schools with Prop 13… and to a lot of other services. I was in high school when it passed – so I didn’t feel the effect till the cuts hit the CSU system a few years later.
The CA lottery came online around that time to “make up the difference” – all of the revenue from the lottery is *supposed* to go to schools. It obviously doesn’t. I was at SDSU in the early 80’s when they literally cut every part time and non-tenured professor. It was impossible to get classes… Crashing at the beginning of the semester was ruthless! They also cut back hours to Love Library, etc.
That said – I’m watching with an apples to apples comparison… My kids are attending the same elementary school that I did. When I attended in the 60’s (pre-prop 13) class sizes were much larger than they are today. So some things improved after (despite?) prop 13.
I also live on a block where at least half of the residents either bought from their parents or have lived there since pre-prop13… Obviously, as a group, we’re not paying our “fair share”. But it’s hard to say that a person who bought a house to live in for $25k in 1964 should pay taxes on it at the market rate of ~$650k.
Ironically – I paid more in property taxes on a much less expensive home outside Philadelphia. Elementary schools are comparable.
UCGal
ParticipantCongrats on your new home.
UCGal
ParticipantCongrats on your new home.
UCGal
ParticipantCongrats on your new home.
UCGal
ParticipantCongrats on your new home.
UCGal
ParticipantCongrats on your new home.
UCGal
Participant[quote=POZ]Thanks for all the comments, we currently reside in Visalia. I agree interest rates will probably go up incrementally.
[/quote]I was wondering if it was Fresno or Visalia… Just passed through there on our Yosemite/Sequoia spring break tour with the kids.
The savings issue is a tough nut… I tend to think that people should have a reserve before purchasing… but then again, I tend to think people should have a reserve if they’re renting… It sounds like you *might* be able to build your savings faster with the lower monthly out of pocket housing expenses…
If you can find a place to buy, that is cheaper than your rent and at least as nice… Go for it. Bank the difference to build up the savings reserve.
UCGal
Participant[quote=POZ]Thanks for all the comments, we currently reside in Visalia. I agree interest rates will probably go up incrementally.
[/quote]I was wondering if it was Fresno or Visalia… Just passed through there on our Yosemite/Sequoia spring break tour with the kids.
The savings issue is a tough nut… I tend to think that people should have a reserve before purchasing… but then again, I tend to think people should have a reserve if they’re renting… It sounds like you *might* be able to build your savings faster with the lower monthly out of pocket housing expenses…
If you can find a place to buy, that is cheaper than your rent and at least as nice… Go for it. Bank the difference to build up the savings reserve.
UCGal
Participant[quote=POZ]Thanks for all the comments, we currently reside in Visalia. I agree interest rates will probably go up incrementally.
[/quote]I was wondering if it was Fresno or Visalia… Just passed through there on our Yosemite/Sequoia spring break tour with the kids.
The savings issue is a tough nut… I tend to think that people should have a reserve before purchasing… but then again, I tend to think people should have a reserve if they’re renting… It sounds like you *might* be able to build your savings faster with the lower monthly out of pocket housing expenses…
If you can find a place to buy, that is cheaper than your rent and at least as nice… Go for it. Bank the difference to build up the savings reserve.
UCGal
Participant[quote=POZ]Thanks for all the comments, we currently reside in Visalia. I agree interest rates will probably go up incrementally.
[/quote]I was wondering if it was Fresno or Visalia… Just passed through there on our Yosemite/Sequoia spring break tour with the kids.
The savings issue is a tough nut… I tend to think that people should have a reserve before purchasing… but then again, I tend to think people should have a reserve if they’re renting… It sounds like you *might* be able to build your savings faster with the lower monthly out of pocket housing expenses…
If you can find a place to buy, that is cheaper than your rent and at least as nice… Go for it. Bank the difference to build up the savings reserve.
UCGal
Participant[quote=POZ]Thanks for all the comments, we currently reside in Visalia. I agree interest rates will probably go up incrementally.
[/quote]I was wondering if it was Fresno or Visalia… Just passed through there on our Yosemite/Sequoia spring break tour with the kids.
The savings issue is a tough nut… I tend to think that people should have a reserve before purchasing… but then again, I tend to think people should have a reserve if they’re renting… It sounds like you *might* be able to build your savings faster with the lower monthly out of pocket housing expenses…
If you can find a place to buy, that is cheaper than your rent and at least as nice… Go for it. Bank the difference to build up the savings reserve.
UCGal
Participant[quote=Jim Jones]Has anyone considered what percentage of these moves may be due to relocation’s by military personnel?
I know there has been some expansion of the capacity at Naval Base San Diego.[/quote]
If it’s a reassignment to a new base – doesn’t the military do a pack-out and move? I have a number of military family friends – they’ve all been provided with moving services when they were restationed… NOT U-Haul.
I agree with the previous post about U-Haul users trending younger/broker. But I’ve also helped friends with U-Haul moves who were in their 40’s and up – but didn’t want to spend the extra thousands for a professional move. If it’s not being paid for by an employer – it’s hard to justify the order of magnitude in expense.
UCGal
Participant[quote=Jim Jones]Has anyone considered what percentage of these moves may be due to relocation’s by military personnel?
I know there has been some expansion of the capacity at Naval Base San Diego.[/quote]
If it’s a reassignment to a new base – doesn’t the military do a pack-out and move? I have a number of military family friends – they’ve all been provided with moving services when they were restationed… NOT U-Haul.
I agree with the previous post about U-Haul users trending younger/broker. But I’ve also helped friends with U-Haul moves who were in their 40’s and up – but didn’t want to spend the extra thousands for a professional move. If it’s not being paid for by an employer – it’s hard to justify the order of magnitude in expense.
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