SHTF Scenario 1: What if they raise property taxes?

I am currently looking for a place to rent right now. This has gotten out of hand. Between taxes and homeowners insurance...Don't even get me stated on the home owners insurance thing. The sad thing is my home is only worth half of what it was when I bought it. They say housing sales are at an all time high in my county. Duh, I wonder why. People have never before been able to by homes here in California for 130k, but those who are buying now are in for a rude awaking when the see how much the taxes and insurance will be.

Originally posted by calstorm
I am currently looking for a place to rent right now. This has gotten out of hand. Between taxes and homeowners insurance...Don't even get me stated on the home owners insurance thing. The sad thing is my home is only worth half of what it was when I bought it. They say housing sales are at an all time high in my county. Duh, I wonder why. People have never before been able to by homes here in California for 130k, but those who are buying now are in for a rude awaking when the see how much the taxes and insurance will be.

Considering it's California, Just send Arnold an IOU. or some reference to that.