[EMAIL PROTECTED] wrote: >Almost everyone who is complaining about being in the proposed historic >district and being unable to afford proper maintenance on their houses, is >also in the catchment area for the new public school. It is estimated that >the value of houses in the catchment area went up about $50,000. apiece in >the past year based on location alone. (And they went up even more than that >based on unmet demand and low supply.) If you need money, you've now got at >least $50,000 more available for a home equity loan. > >I'm not sure why you'd expect a lot of sympathy in this situation. > This is precisely the kind of bullying attitude that sickens me about the HD advocates. Melani is basically arguing that, because we suddenly have more equity to borrow on, others have the right to impose higher costs upon us-- and we have no right to complain.
Well, suppose we don't want to borrow on our equity? Or what if we have other things to borrow on-- say, a kid who might be going to college soon, or a car, or putting in central air, or medical bills, or whatever? Imagine if Melani got a parking ticket. The offense might normally be a $100 fine, but imagine if the fine charged was $500. She goes down to the court to challenge this, and the judge tells her, "Your house doubled in value in the last four years. You can afford the higher fine. I don't have a lot of sympathy for people in your situation." I think you'd see the bullying aspect of this argument very clearly. This kind of argument is not very different from the one that goes, "If you don't want the HD, then you're free to sell your house and leave." ---- You are receiving this because you are subscribed to the list named "UnivCity." To unsubscribe or for archive information, see <http://www.purple.com/list.html>.
