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A comment on How California Became America’s Housing Market Nightmare. Parent comment

Re:How California Became America’s Housing Market Nightmare by rcpt on Thursday November 07, 2019 @01:05PM (#21475597)
Let's say property taxes are 2%. She's got a $1M house so thats $20k per year for the rest of her life. Is it really that hard to borrow $200k against a $1M house?
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