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Home Front: Politix
California selling 24 government buildings for $2.3B
2010-10-13
It's unclear how the current deal will work out for taxpayers over the long run, but there have been concerns.
Considering the people who live there and their political choices, it will be bad.
Posted by:gorb

#16  This is like the junkie selling all his possessions because he just has to get that one last fix. He'll worry about no longer having a car or a refrigerator tomorrow.
Posted by: AuburnTom   2010-10-13 23:29  

#15  "Nice lady though."

Of course she was, EU honey - you said she had a Southern accent. ;-p
Posted by: Barbara Skolaut   2010-10-13 18:51  

#14  Nice lady though.
Posted by: Ebbang Uluque6305   2010-10-13 16:30  

#13  She sure enough had some kind of Southern accent.
Posted by: Ebbang Uluque6305   2010-10-13 16:29  

#12  Fact is I met a lady here in San Diego the other day...I think she said she's from Georgia.
Posted by: Ebbang Uluque6305   2010-10-13 16:29  

#11  Talk to some of those Californians, Besoeker. Go ahead. I dare you. They won't bite. Ask them where they lived before they moved to California. Then let us know what they say.
Posted by: Ebbang Uluque6305   2010-10-13 16:25  

#10  It's unclear how the current deal will work out for taxpayers over the long run.

Count on it, You'll pay more, much more than if you'd kept them. and at least double their selling profit, otherwise they wouldn't be a sale at all.
Posted by: Redneck Jim   2010-10-13 14:26  

#9  We're suffering a virtual infestation in Georgia. I certainly hope they don't bring their politics with them. Never seen so many California auto tags.
Posted by: Besoeker   2010-10-13 10:10  

#8  It's unclear how the current deal will work out for taxpayers over the long run, but there have been concerns.


Since when has there been a concern for taxpayers in Kalifornica?
Posted by: JohnQC   2010-10-13 09:51  

#7  "This sale will allow us to bring in desperately needed revenues and free the state from the ongoing costs and risks of owning real estate."

This is so stupid and so typical of the corruption in California. I say we don't need the people in those buildings either. Good riddance.

Californians will pay top dollar in rent for decades and then buy them back at a huge premium, if they can manage the bond at some point. Just giving money away to the plutocracy, business as usual.
Posted by: Black Charlie Chinemble5313   2010-10-13 09:42  

#6  ...not just for the land, but also the requisite politicians in Sacramento

It's amazing the kind of abatements one can get with the right amount of money.
Posted by: Procopius2k   2010-10-13 09:19  

#5  
#4 Can they afford California property taxes?
Posted by: g(r)omgoru   2010-10-13 09:09  

#4  Anybody buying?

As alluded to, the Chinese can play afford to play the property game in CA. They have the cash [not just for the land, but also the requisite politicians in Sacramento]. It's a replay of the 80s when the Japanese were buying up property as well. They just need to hire the right people to make sure they're not paying incredibly inflated prices even with the wad of cash they have on hand.
Posted by: Procopius2k   2010-10-13 08:18  

#3  If the buildings are in Chinatown they will have a buyer.
Posted by: airandee   2010-10-13 08:12  

#2  Anybody buying?
Posted by: g(r)omgoru   2010-10-13 07:50  

#1  Sorry. The "considering" statement should be highlighted.
Posted by: gorb   2010-10-13 06:34  

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