patrick.net

BayArea says

FortWayneIndiana says

Strategist says

everything says

Middle class taxed and inflated out of CA. 5th largest world economy, take heed, it's a canary, and it is said CA will be in recession by 2020.

That has been said every year, over the past 50 years. Yet, CA is now the 5th largest economy in the world.

I can see trouble coming. Spending habits here don't match reality. Left constantly tries to turn it into socialist (failed) state, sooner or later they might succeed. Special interest groups constantly solving their personal emotional problems, increasing unnecessary harassment of regular people with more regulation and laws. Homelessness is through the roof, and liberals are now assaulting prop 13. And if prop 13 goes, middle cl...

Clearly your view of fair share is not same as my fair share. How about you liberals stop spending like drunken sailors, so rest of us have to pay less for your noble causes.

Liberals and their equality crusade never fails to amaze me, like little children... "wah wah wah someone pays less then me, wah wah wah" You knew what you were buying when you paid, deal with it.

BayArea says

FortWayneIndiana says

Strategist says

everything says

Middle class taxed and inflated out of CA. 5th largest world economy, take heed, it's a canary, and it is said CA will be in recession by 2020.

That has been said every year, over the past 50 years. Yet, CA is now the 5th largest economy in the world.

I can see trouble coming. Spending habits here don't match reality. Left constantly tries to turn it into socialist (failed) state, sooner or later they might succeed. Special interest groups constantly solving their personal emotional problems, increasing unnecessary harassment of regular people with more regulation and laws. Homelessness is through the roof, and liberals are now assaulting prop 13. And if prop 13 goes, middle cl...

Agreed. While I can see the case for never ceding any tax shelter to the government prop13 is an abomination responsible to a large part for the price distortion and low inventory. I'd rather lower property taxes for everyone but have everyone pay their fair share.

mell says

Agreed. While I can see the case for never ceding any tax shelter to the government prop13 is an abomination responsible to a large part for the price distortion and low inventory. I'd rather lower property taxes for everyone but have everyone pay their fair share.

Without prop 13 everyones taxes aren't going lower, it's going up for everyone. It'll be pure gentrification, liberal elite will own everything, middle class will lose everything.

There was a reason prop 13 was passed, liberals started raping home owners on taxes so bad, people were losing homes left and right. this government has an insane appetite for spending on friends with benefits.

Anyone that supports prop 13 isn’t a real republican, rather a liberal who isn’t out yet.

BayArea says

Anyone that supports prop 13 isn’t a real republican, rather a liberal who isn’t out yet.

Prop13 was a tax revolt. How's supporting a tax revolt makes one a "liberal"?

MbS says

Prop13 was a tax revolt. How's supporting a tax revolt makes one a "liberal"?

The angle that as long as my tax basis is safe, but screw anyone else's could be argued as liberal. I support prop 13 and would only modify it to allow an increase of up to 3% a year from 2. I would argue that it is conservative to limit the government's ability to tax.

BayArea says

You mean if prop 13 goes, everyone pays their share for police, fire, and roads instead of putting it on the backs of young families?

It just means more money for government pensions. That is the number one priority of the government.

The more you give to the government, more will be wasted.

Malcolm says

I support prop 13 and would only modify it to allow an increase of up to 3% a year from 2.

What would you offer in exchange?

This could only mean better blow jobs at closings.

MbS says

What would you offer in exchange?

Nothing more. Property tax increases are limited to 2% per year, even if homes go up by 20%. The proposition has been widely criticized by Patrick and others for a few reasons, mainly that with the passage of time, there is a disparity between people when they buy their neighboring homes. I balance this with the original premise of prop 13, which is to protect people from wild swings in their taxes because of reckless, speculative buyers. 3% seems like a fair balance to both sides of the issue. There is plenty of waste in government, but schools do cost a lot to maintain, and I'd like to see bonds retired early if possible.

FortWayneIndiana says

Without prop 13 everyones taxes aren't going lower, it's going up for everyone. It'll be pure gentrification, liberal elite will own everything, middle class will lose everything.

That's if you define "middle class" by "people born before a certain date" and "liberal elite" as "young people".

Without Prop13, old people would stop opposing more building, and probably enough people would leave to lower prices (and so taxes).

Malcolm says

I support prop 13 and would only modify it to allow an increase of up to 3% a year from 2.

No no no no no. Lets tax gas instead. That way I don't have to pay. It's only fair.

MegaForce says

The folks in the Bay Area do not qualify as 'middle class'. We are upper middle class or lower rich class compared to the rest of the nation.

Nope, it's BA folks who escape BA for US who instantly join upper middle/lower rich class at the destination.

Strategist says

Malcolm says

I support prop 13 and would only modify it to allow an increase of up to 3% a year from 2.

No no no no no. Lets tax gas instead. That way I don't have to pay. It's only fair.

I drive electric cars, so I’m with you there. High gas taxes seem very fair to me. They cut down on my traffic and my roads are nice and maintained. I also enjoy the fresh landscaping.

Malcolm says

They cut down on my traffic and my roads are nice and maintained. I also enjoy the fresh landscaping.

Where is this paradise with no traffic, smooth roads and fresh landscaping? Not SFBA for sure.

Malcolm says

I drive electric cars, so I’m with you there. High gas taxes seem very fair to me.

No worries: sales tax and elevated registration fee you pay every time you jump from one of these short-lived toys to another is easily the same or more as owners of old gas jalopies are paying in gas taxes. ;)

MegaForce says

Such class warfare on the poor.

I’m sure you recognize sarcasm, but you make a good point. Why isn’t it class warfare when renters want to repeal prop 13, or keep stuffing bonds onto property taxes? When does it become immoral to flip the tables around? If looney liberals want to punish the poor with gasoline taxes, why should I stop them? I love the feeling of privilege knowing I don’t have to pay for it, just like the poor do when they think they are somehow sticking it to the man with a bond measure and then whine when their rent instantly jumps up to cover it. It starts being funny to me.

MbS says

Malcolm says

I drive electric cars, so I’m with you there. High gas taxes seem very fair to me.

No worries: sales tax and elevated registration fee you pay every time you jump from one of these short-lived toys to another is easily the same or more as owners of old gas jalopies are paying in gas taxes. ;)

Touché, but that’s why I lease, and the state generously gives me $2,500 each time for my troubles.

MbS says

Malcolm says

They cut down on my traffic and my roads are nice and maintained. I also enjoy the fresh landscaping.

Where is this paradise with no traffic, smooth roads and fresh landscaping? Not SFBA for sure.

No, definitely not SFBA, ?

But the Realtor's are saying that it is a great time to buy and sell. They would never steer us wrong, would they?

Pooping in San Francisco.

MAGA says

But the Realtor's are saying that it is a great time to buy and sell. They would never steer us wrong, would they?

Realtors are honorable professionals with a fiduciary duty to protect their clients’ interests. They would never steer you wrong. If they tell you that it’s time to buy you better jump or you’ll miss the boat, just like 2006. Make sure to listen to your wife when they gang up on you to make sure, for your own good, that you don’t get a house that is too small. Out of the goodness of their hearts, they’ll convince her that the biggest regret of homebuyers is not getting a big enough house. “You can do this.” God bless the realtors.

Malcolm says

MbS says

Malcolm says

They cut down on my traffic and my roads are nice and maintained. I also enjoy the fresh landscaping.

Where is this paradise with no traffic, smooth roads and fresh landscaping? Not SFBA for sure.

No, definitely not SFBA, ?

Yep, didn't think so myself. ;)

See: I bet than most of gas tax money going into state coffers are from our and LAs overcrowded roads but nice roads are elsewhere...

MbS says

See: I bet than most of gas tax money going into state coffers are from our and LAs overcrowded roads but nice roads are elsewhere...

It just means those wealthy areas aren’t paying enough, It’s a big state you know. The solution is simple, more gas taxes.

Let's not forget Suzanne and her special listings.

www.youtube.com/embed/20n-cD8ERgs

MAGA says

Let's not forget Suzanne and her special listings.

Memories, oh beautiful memories, how I missed Suzanne, and the pudgy mark.

I always loved that aggressive head bob, just like a man about to throw a punch. You gotta love the cordless speakerphone. That was some serious IT back in the day.

Malcolm says

MbS says

Malcolm says

I drive electric cars, so I’m with you there. High gas taxes seem very fair to me.

No worries: sales tax and elevated registration fee you pay every time you jump from one of these short-lived toys to another is easily the same or more as owners of old gas jalopies are paying in gas taxes. ;)

Touché, but that’s why I lease, and the state generously gives me $2,500 each time for my troubles.

Except for Tesla, leasing electric cars makes the most sense.
Ultra cheap electricity for charging at night. 8 cents per kWh, subsidized by by you guys. Thank You.
We also get $500.00 per electric car from SDGE utility. Thank You. (Don't forget to apply for yours Malcolm, around February. And please thank our friends who were taxed for it)
Free car pool sticker. Such a pleasure breezing by those guzzlers and their drivers who develop a glazed zombie look in traffic. he he he.
All I ask for is more. Wheeeee!

Strategist says

Don't forget to apply for yours Malcolm, around February.

Thanks for mentioning. We are going to keep our 2nd car just long enough as to have three cars on that magic date. Then we get an extra $500. The beauty is, we don’t even charge our cars at home, so we get the best of all worlds. Volta is installing free chargers all over the place. It’s a beautiful thing.

Ah those express lanes where I am only limited to 93 MHP because that’s as fast as my Leaf and my Bolt will go, but 0-60 in a Bolt is fast af.

Strategist says

Except for Tesla, leasing electric cars makes the most sense.
Ultra cheap electricity for charging at night. 8 cents per kWh, subsidized by by you guys. Thank You.
We also get $500.00 per electric car from SDGE utility. Thank You. (Don't forget to apply for yours Malcolm, around Februa...

Jedem das Seine. When it comes to electric cars, it's Tesla or GTFO for me. If driving around in sad little FWD roundabouts and saving money" is the only goal, Yaris or Versa works as well (or better) for it as Leaf and such. Life is too short to drive boring cars. And the beauty of it: you don't have to pay through the nose to drive an interesting car if you're able to turn a wrench now and then.

MbS says

Strategist says

Except for Tesla, leasing electric cars makes the most sense.
Ultra cheap electricity for charging at night. 8 cents per kWh, subsidized by by you guys. Thank You.
We also get $500.00 per electric car from SDGE utility. Thank You. (Don't forget to apply for yours Malcolm, around Februa...

Jedem das Seine. When it comes to electric cars, it's Tesla or GTFO for me. If driving around in sad little FWD roundabouts and saving money" is the only goal, Yaris or Versa works as well (or better) for it as Leaf and such. Life is too short to drive boring cars. And the beauty of it: you don't have to pay through the nose to drive an interesting car if you're able to turn a wrench now and then.

Electric cars not just save you a lot of money, but are more fun to drive, and pack a lot more power when accelerating. Most people don't believe it, or don't want to believe it.
I understand there is skepticism with new technologies, especially when $trillion oil companies spread propaganda to protect their wealth. However, they cannot fool all the people all the time.

Heraclitusstudent says

FortWayneIndiana says

Without prop 13 everyones taxes aren't going lower, it's going up for everyone. It'll be pure gentrification, liberal elite will own everything, middle class will lose everything.

That's if you define "middle class" by "people born before a certain date" and "liberal elite" as "young people".

Without Prop13, old people would stop opposing more building, and probably enough people would leave to lower prices (and so taxes).

Everyone will be old one day with little income. Anyone who thinks prop 13 should be repealed practices short term thinking mentality or has a gold plated government pension. Lots of people live in 40-60k income a year in houses that were cheap when they bought years ago, but at old age taxes would throw them on to the street.

Aphroman says

If the market tosses the old losers on the streets so be it

no, old people are fine, just you.

FortWayneIndiana says

Lots of people live in 40-60k income a year in houses that were cheap when they bought years ago, but at old age taxes would throw them on to the street.

They can take out a home equity loan. This bogus claim is made on behalf of the heirs.

Property taxes shouldn't be assessed based on the the $ value of the property. It should be something that is levied based on the parcel of land (size, type) and should be FAIR AND EQUAL.

Like a roller coaster at Cedar Point

I assume you are talking about Top Thrill Dragster

www.youtube.com/embed/lBgNx8nts70

We also have more people leaving the state than coming, again.
I think the difference in the foreclosures this time will be that the houses will be un-occupied. I believe those who have been buying lately, other than a few suckers who bought at the top, where speculators wanting to cash in on the high rents. But you can only have so many rentals before they start to sit, because there are more options available, or because people are leaving rather than pay a rent they can't afford. Once the market really starts to plummet, the owners without renters will stop making payments, and the owners with renters may also lose out if they don't lower rents to adjust to the market, losing their existing renters, failing to find new ones, and deciding to let the house sink. Some will decide it's better to keep the house than lose it, but they will have to suck it up and pay some of the mortgage, as they won't be able to find renters to pay it all for them. AND, in an economic crash buyers get foreclosed on, but renters, they just move. I see a renters and buyers paradise coming.

They can take out a home equity loan.

Contrary to popular belief, home loans are not free money. If Prop 13 were to be repealed, a far better idea would be for the retiree to sell the house and use the proceeds to move to a more affordable area. Nothing beats a paid for home, especially for a person on fixed income.

HELOCs and "Reverse Mortgages" are more gifts to banks than to the public.

That’s the one. When it is over, everyone’s hair is frozen back and they have bugs stuck to their grill (face). That video doesn’t do it justice.

No, the video cannot do it justice. You cannot tell you zipped to 120 mph in that few second launch. Six Flags Great Adventure in NJ has an even bigger version of that ride called Kingda Ka. Slightly faster and taller.

When at Cedar Point, I suggest you try the lake trout sandwich they sell. I live on the coast and love my salt water fish, and consider fresh water fish to be bland. But that lake trout (I presume local fresh from Lake Erie) was quite tasty.