Homes Way Over Valued

[Excaliber]

What price drop? My place continues to go up. I'm astounded by the comparable sale prices in my nieghborhood. Wish I could sell and take the money and run, but, run to where?

[Ron61]

Ernie,

You are in an exceptional place. Now the state is $15 billion in the hole, Thanks Davis, and the latest was to do away with most tax deductions including any deductions for dependents. Even in this state I don't think that will fly as to many of the powerful people have dependents to let their paid Senators and Representatives do that. Why is no mention ever made of cutting down on the dam spending for their pet projects.
In the paper yesterday they were giving examples of loss of attendance at schools. At McCloud which you are familiar with in the 1990s they had over 200 students. They now have 6. Arnold has tried to do something but Davis has left this state in such a mess I don't know what can be done. The more they tax, the more people and businesses leave and the less tax base they have. And of course the illegals move in and immediately start demanding all of their privileges such as medical and such.

Ron

[CSX 4039]

Originally Posted by Excaliber

What price drop? My place continues to go up. I'm astounded by the comparable sale prices in my nieghborhood. Wish I could sell and take the money and run, but, run to where?

Sell your place over there. For what you could get for it, clear, you could buy a 20 unit apt. complex in my town, and gross $10k/month.
Waco, TX Homes for Sale on Yahoo! Real Estate: 1-10 of 1005 listings (Listing #10).
Then live on the beach just north of Kaneohe with the mokes.

Sounds cool, except they'd be drinking Primo beer, and you'd have Dom Perignon.