Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: "The top 1% is buying up all the real estate.” [View all]xxqqqzme
(14,887 posts)23. It depends on who holds the foreclosure.
If the foreclosure is held by a corporation, they can pass it onto a subsidiary and it is exempt. One of the problems w/ prop 13. I would dearly love to know what the property taxes are on Disneyland given the purchase date, prop 13 and all the improvements/expansions.
Edit history
Please sign in to view edit histories.
49 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
This will lead to a new type of slum...suburban homes run down by landlord neglect...
rfranklin
Apr 2012
#4
Turning Foreclosed Homes Into Rentals Could Be $100 Billion Industry This Year
Fire Walk With Me
Apr 2012
#15