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Originally Posted by SCUDSBROTHER
My parents been paying like $600-$700 in property tax each year for a long time. The young people who bought the house across the street (say 5 years ago) were probably paying 3-5k/yr. in property tax. I'm sure that now went down slightly when housing prices dipped. My parents stay put all these years, because prop 13 froze those prop taxes. In other words, we gave this older generation the fkn bank. By the time I get half of this, it might be a $400k house. 4 OR 5 years ago, there really wasn't a house in W. Covina selling for much less than half a mil. I knew it was fake. Told him to sell, but they'd have to give up that cheap prop tax deal. So, they're still there. They like the weather. Guess they're gunna die out there. Still gunna be getting that low prop tax. I know that.
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Valid points....not on point, though. This was about a court system that is and will ultimately fail because the legislature acted/reacted to pressure brought on by unions(mostly) to keep status quo, and not plan for the economic future