On Wed, Oct 1, 2008 at 8:45 AM, Jim Devine <[EMAIL PROTECTED]> wrote:
> And house prices are not going to come back. This is like Pets.com. We
> are not going to get the price of $200,000 homes in central California
> back up to $500,000. [Hey, but I can get the county of Los Angeles to
> lower our property tax obligation because our house is worth less than
> it was! -- JD]

Jim,
As a matter of fact, I believe you can lower your property tax in CA
by asking for a reappraisal for "decline of value". Check out for
e.g.:
http://www.co.el-dorado.ca.us/assessor/prop8faq.htm
-raghu.

-- 
"Really ?? What a coincidence, I'm shallow too!!"
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