a 974,900 property. . Run a thought experiment here. . Not pretty but it does shed the real story behind people and their actual behavior. . Of course, this assumption is that most people stay put in one home for 30-years (this is factually not the case). . Previously, the place sold back in 1991 for 356,363. . How in the world do you go from paying property taxes at a 350,000 rate to suddenly going to nearly 1 million in less than a year? . People seem to forget about the flood of foreclosures that ravaged the state only carter canada coupon code a few years ago no need to dwell on that and California is notorious for economic amnesia.
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That is another perspective of the story and caused by another form of subsidization of Wall Street from the Fed. . The place sold for 750,000 on August of 2013 for 750,000. . The place is listed for sale at 974,900. . So it might be useful to look at an area dominated by home owners. . The data is easily accessible if you dig into Census databases. . People tend to argue about housing benefits as if they lived in one place and never moved. . The Census data registers a new household moving. . Nearly 67 percent bling jewelry promo codes of households moved into their property from 2000 to the present. . Clearly grandma isnt being put out on the cold streets of Culver City to roam around looking over her shoulders for those tax collecting zombies while snacking on Slim Jims. No grandma being kicked out onto Skid Row because of rising tax rates. Without a doubt, you have many households enjoying those golden real estate handcuffs but how big of a difference is this? . A very interesting dichotomy. .