By Steve

December 18, 2006 06:46 PM | Link to this

Hey, Rush deserves a tax break for the excellent job he does.

By Belvedere Road gas station

December 18, 2006 07:22 PM | Link to this

I am a gas pump at that gas station on belvedere near the airport where limbaugh did his illegal drug buying. I see much.

It is common knowledge that hookers and drug dealers hang around this area late at night.

Limbaugh certainly knows his way around the wrong side of the tracks, that freaking hypocrite.

Why anyone listens to that as$wipe anymore is beyond me and would make a great class in human psychology.

I am a registered Republican.

By A.P.

December 18, 2006 07:24 PM | Link to this

The Palm Beach Property Appraiser web site is requesting that a petition be filled out and mailed to get the Portability issue on the ballot for November 2008.

The requirement to fill this petition is to be a Florida voter. Homeowner status with the Homestead Exemption is NOT needed. It should pass EASILY due to the majority of people being a S.O.H. recipient.

While this is a short term fix for an unfair tax system, It should STABILIZE the market even furthur.

Now imagaine all the homeowners who are on the SIDELINES who want to upgrade and are waiting for the portability to pass.

The insurance problem will find a resolution. The PRESSURE is ON! Their political CAREERS are at STAKE!

The buying FRENZY will be BACK to a certain extent!

By Steve

December 18, 2006 07:30 PM | Link to this

Hypocrite? Because he got hooked on pain pills? Clean your finger before you point at his spots.

By gas pump

December 18, 2006 07:42 PM | Link to this

One who railed against the low life drug addicts and drug dealers all those years and look at him, yes, steve, a hypocrite.

Kind of like House Speaker-elect Bob Livingston in 1998 standing on the house floor waving his finger saying how bad Clinton was for his adultery, while good old Bob was doing the same thing. Have we forgotten? Plenty of hypocrites on both sides. Democrats have their share of idiot hypocrites as well.

Limbaugh just seems so blatantly hypocritical, it’s not even funny anymore.

By Tax Portability

December 18, 2006 08:20 PM | Link to this

If the tax portability passes, how does create stability for the housing market in the short term????

I think it would cause many people who plan on selling their homes to postpone their selling until the law passes so that they can benefit from it. In the short term it creates less current owners from selling for purposes of upgrading. If enough people are still moving to the area, then the decreased number of homes for sale could push prices up. On the other hand, once the law passes there could be an excess of homes for sale by people hoping to benefit from the portability which could lead to high inventories and lower prices.

Portability is not the solution. It’s only a band-aid on a greater problem. SOH shifted the tax burden toward recent buyers, Portability shifts the tax burden to non-FL residents further.

One solution should be to eliminate SOH and make the homestead exemption a county by county amount and not a statewide amount. This would allow counties with higher priced homes to allow higher homestead exemptions and counties with lower priced homes to have lower exemptions so that it doesn’t ruin their tax base.

Unfortunately, FL voters will take the quick fix and we’ll be talking about another fix in 10 years to the portability.

By Michael Fink

December 18, 2006 08:36 PM | Link to this

Jeff,

Thank you SO much for taking an intelligent stand on this issue (from my perspective anyway). Portability is the worst idea ever, it will totally kill this market, perhaps not in the short term, but if you take it 10-15 years out, people moving here will have a monster tax burden compared to long time residents, and NO hope of it ever equalizing (at least now, when long timers sell, things are equal again).

Do AWAY with this law!! It totally divorces voters from the budgeting process. It encourages govt spending people! Do away with it and let’s get a fair tax for all! This law is the “nail in the colfin” for S. FL RE; it needs to go away! It reduces the liquidty of an already nearly solid (4 years of inventory is solid, imho) market!

This law was passed to remove voters from the budgeting process, NOT to keep your taxes from going up. Wake up, SOH is the best thing that has every happened to govt spending (if your a govt spender, that is).

By student

December 18, 2006 10:30 PM | Link to this

Limbaugh is a grotesque figure, physically, intellectually and morally, and only those similarly distended and deformed in those attributes can embrace him.

By Steve

December 18, 2006 11:41 PM | Link to this

Student, why don’t you call yourself what you really are, “Desperate Seller who missed the boat”.

Your lame attempt to pretend your a seventeen year old student isn’t fooling anyone.

It doesn’t surprise me that you would be a Rush hater. Your always frustrated, unhappy and wrong.

By student

December 19, 2006 01:36 AM | Link to this

Steve, go back and READ (how many times do I have to say that to you?) what I wrote.

You know what, I give up. You just are dyslexic, Steve. I am serious. You are an adult(?) who can not READ. If you could READ you would know I am not 17. If you could READ you know I spent Friday defending myself for NOT being an owner/seller.

LEARN TO READ, STEVE. YOU ARE EITHER DYSLEXIC OR MENTALLY RETARDED. LEARN TO READ!!!

(Why am I bothering? The poor idiot can’t understand this either.)

By Boca Condo King

December 19, 2006 09:46 AM | Link to this

Quick RE questions.

1. Thanks to Maxmoose for the loopnet site, I am on it.

Now to my question, I am a long time Boca Resident looking for a commercial property to base my business in. I have over a year before my office lease is up, and I want to explore buying something vs. renting. I feel that my business will be stable for at least a decade out in time. I am not trying to time the market, just looking to see if I can buy for a reasonable multiple vs renting.

My dream office would be an industrial type property near Boca. My work is all office/phone related, but I would love to have the ability to use an industrial type space to store my junk. I live in a condo and I am looking for a ‘man camp’ type of space under behind etc. from my office.

Any ideas of areas?

Mike

By Steve

December 19, 2006 09:49 AM | Link to this

I don’t have to read all your lies to know your situation. Better luck next time, maybe ten years.

By Latest Numbers

December 19, 2006 10:57 AM | Link to this

Palm Beach Post had article in JOBS section on Sunday that said real estate careers still a popular choice. It was written by Brenda McHugh.

A quote from this said “The NAR estimated that, in 2004 (the latest figures available, realtors earned a median income of $52,600, agents averaged $39,500 while brokers made $66,100”.

That was the latest figures when you were selling. Anyone have any idea of what those median incomes are going to be in 2006? Time is running out and you all have only a few more days to make anymore money this year.

If things are as bad as you all said, then you must have made half of what you made in 2004.

By cw1900

December 19, 2006 11:00 AM | Link to this

Ok, a few things

notes from cw….

• Please get off the Limbaugh talk. Complete waste of time. I am also a registered Republican, enjoyed listening to him for years, and stopped listening cold turkey the week of the drug crap. His excuses and explanations were hypocritical. Yes, Steve, the slob is a hypocrite and I have no time for garbage like that. I think his grandfather, whom he talked about fondly for years, would be sad to see his grandson today. I am at a loss as to why politicians still deal with him. His credibility is shot the same way Jesse Jackson’s is with his kid out of marriage that he tried to hide. Steve, it is a big credibility issue. But, get off it, this is a RE blog.

• Dot seems to be a misguided, time wasting loser. He is boring me.

• Sorry Mike, “Developers Always Win” makes a couple of good points. His point about developers moving on to cheaper land areas is valid. His point when there is less sfh construction, that helps with the increase in price of existing homes, obvious, simple economics of supply and demand. Couple that with the ongoing strength of commercial projects, and my point last week of Florida’s newcomers being more monied and higher educated than those leaving as a general statement could be right on the money.. Think about it. This commercial building going on is not for the future low wage earner that is migrating here. It is for the offices and desks of a higher educated and higher paid white collar workforce that is slowly coming here. It really is a matter of time. The populace is changing. The developers know it. The commercial side of real estate is strong for just that reason is my guess. Anyone who works in commercial re out there? Am I wrong?

• Mike Fink again, I do say you are very accurate on the credit situation. What you say about traditional lending practices coming back imho is right on the money. We have opened up a new set of problems with “credit is still just stupid easy to get” as you say. You are right and no one can argue that it puts a monkey wrench in the whole thing. If we go back to traditional, it will be harder for homes to sell. If we stay with the status quo, huge credit problems loom in the future. You all know I have no highly leveraged properties. It is smartest way to go, no matter what the accountants say. It takes major risk out of the equation more than it adds in. Remember, accountants are not that bright when it comes to investing. Real life is much different every time compared to the numbered scenarios on a piece of paper. Ask the no money down fools who are experiencing their massive hangovers today if I am right, or if their accountant was right.

• Portability….This may come as a surprise, but I’m not fully decided yet. At first, without much thought, I did believe it would add a jump start with locals who want or need to get a larger home, and now they cannot. I have read many valid arguments on both sides, and this is a tough call. I’m still weighing it at this point. I do know this. Whenever we rush into something, that is usually the mistake. This tax situation needs more thought. I do believe there needs to be a balance between homesteaded residents and non. The newcomers and investors are getting screwed as it stands right now. Portability coddles the voters and that’s what will win. At this point, I’m leaning towards a 1% across the board for all, very logical, but it will never fly, so I’m still thinking this one over.

cw

By note to cw

December 19, 2006 11:17 AM | Link to this

cw

dot is a woman named susan. did you see her photo? she is also a realtor. misguided is not the word to describe her. i believe she has used other names here also.

By Note to note to cw

December 19, 2006 11:34 AM | Link to this

If you think Dot is misguided, then you have to say her broker is misguiding her. Who else guides her in her real estate career?

By .

December 19, 2006 11:43 AM | Link to this

LOL! I can’t believe anyone is this stupid. Someone send a message to Susan and tell her that John K is a dumb man who plays online, insulting people, using his real name and then thinks of HER when someone figures out his listing from the information HE freely gave.

John decided to give this woman’s full name and workplace out. Maybe he’s even been the one posting links. What a jerk.

Anyone want to do the honors and let them know what John K is doing to one of their employees?

http://villagerealtygroup.com/realtor_contact.shtml

By No one cares

December 19, 2006 11:50 AM | Link to this

Does anyone really cares? Sounds like free advertising here for a RE firm for village realty.

By cw1900

December 19, 2006 11:58 AM | Link to this

No, I believe dot is some guy with too much time on his hands, maybe a kid trying to get easy all riled up. I also think dot thinks easy is the same guy who writes about the stolen for sale signs, but I don’t think the stolen sign guy is easy either.

That’s why I think dot has got his wires crossed.

Anyway, that was enough time wasted.

I think we need another topic already.

cw

By dareg

December 20, 2006 10:40 AM | Link to this

There is an obvious oversight in all the property tax consideration is…the part-time residents who own property are paying the full monte while homesteaded FL residents enjoy the full benefits paid by the non-residents.

I, as one of these non-residents, have seen a 30% increase in my condo taxes this past year. This is an abuse of those of us who have no voting rights and cannot affect taxing policies.

Who will speak for us?