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To: Chode
Watch property values tank. It's called PIT. Principle, interest and taxes. PIT should be below 40% of owner's monthly income. I might think my home is worth $500,000 but the buyers can only pay $400,000; there goes $100,000 of equity to the unions.

I am waiting for the collapse here in California. Already moving my business to Nevada. Screw them all

16 posted on 07/04/2014 11:17:23 PM PDT by Kozy
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To: Kozy
As Charles Dickens said about small town France before the revolution:

The village had its one poor street, with its poor brewery, poor tannery, poor tavern, poor stable-yard for relays of post-horses, poor fountain, all usual poor appointments. It had its poor people too. All its people were poor, and many of them were sitting at their doors, shredding spare onions and the like for supper, while many were at the fountain, washing leaves, and grasses, and any such small yieldings of the earth that could be eaten. Expressive sips of what made them poor, were not wanting; the tax for the state, the tax for the church, the tax for the lord, tax local and tax general, were to be paid here and to be paid there, according to solemn inscription in the little village, until the wonder was, that there was any village left unswallowed.

39 posted on 07/05/2014 4:55:22 AM PDT by ALPAPilot
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To: Kozy
100%
48 posted on 07/05/2014 7:14:59 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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