Quote:
Originally Posted by tony286
See from what I read one of the big problems in CA and it caused this problem is CA doesnt have high property taxes. When Warren Buffet was helping with Arnolds race for GOV. He said something is wrong when he paid more than $14,000 in property taxes annually on his primary residence in Omaha, which was valued at $500,000, while paying less than $2,000 a year on his $2.4 million home in Laguna Beach, California.
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He paid less than $2k a year on a $2.4 million home? Wow. That is nuts. In most states you pay at least that much for something in the ghetto.