I just did my taxes today. I paid $160,417.26 to the US government in 2006. In addition, I paid $8,586.88 in miscellaneous Colorado state taxes. That's enough to turn someone republican!
Indeed. Transient bubble about to pop, or the last faint chance ordinary mortals will ever have to own Bay Area property? Only time will tell.
I'm sure glad we bought a house when we could. Here in the Bay Area, what people did in the early 90s completely determined their fate for the rest of their lives. Owners and renters are now facing entirely different futures. It's kind of hard to watch.
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Date: 2007-04-02 09:57 pm (UTC)I'm sure glad we bought a house when we could. Here in the Bay Area, what people did in the early 90s completely determined their fate for the rest of their lives. Owners and renters are now facing entirely different futures. It's kind of hard to watch.