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What Happened to the Open Market? – Part 2

Frankly, the thought of a fair and open market in California ended years ago.  The benefits of not moving frequently outweigh the benefits of moving.  Why?  Proposition 13.

Proposition 13 was passed in the guise of a way to protect families from their outrageously increasing tax bills.  However, Prop 13 included commercial buildings.  Commercial buildings change hands . . . → Read More: What Happened to the Open Market? – Part 2

What Happened to the Open Market?

In the Mercury News on Sunday 12/10, there was a letter to the editor that commented on the bailing out of borrowers.  Why should the government bail out borrowers?  Why not let these borrowers suffer through the school of “hard knocks”?

In reality, many of the borrowers got there based on promises given by lenders and real . . . → Read More: What Happened to the Open Market?