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Reply #36: I'm from CA. The immigrants have helped CA [View All]

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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-29-10 09:12 AM
Response to Reply #32
36. I'm from CA. The immigrants have helped CA
The reason LA County and CA in general is broke has to do with Prop 13- I have a friend who pays #350 a year on a house she is now selling for 900K. Can you see a problem there? Los Angeles City pays their council members a good deal more than United States Senators make, provides them with free cars, free gas, a mechanic, drives and staffs of 20. The spending does not end, and yet no one wishes to pay a dime in taxes.
The city and county of Los Angeles have placed such high fees on the industry that defines the region, that that industry has virtually left town for places where they are able to function.
The entire region engaged in a housing gambling fest that drove housing prices into the stratosphere. It did not work out well, and the 'homeowners' are pissed off. The demand their 200K equity gains in a year, each year, or they will start looking to blame others.
There are many, many problems in CA. Greed being number one.
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