Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Is the delta between renting & owning now so high that it really just makes sense to rent?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]One the reasons CA real estate is so distorted is Prop 13: values / taxes don't get re-assessed unless a change of ownership happens. So there is a huge incentive to retain properties and rent them out, creating the gap you see in the original post. Similarly, the seemingly expensive house selling today will eventually be a deal poperty tax wise if held long enough. A horrible distortion that only exacerbates an already tough housing market.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
