Home sales have fallen from an average of over 10 million a year to 4.4 million per year

[Flash]

Democrat policies with big spending caused massive inflation that caused interest rates to go up.

Put on top of that the stupid Environmental Wacko requirements that drive up the cost of a home and high taxation and no wonder everything is screwed up.

Like Obama said "Never underestimate the ability of Joe Potatohead to fuck it up".

 

[Concerned American]

Those values are determined by the government assessment departments. That's the point. They claim higher value I pay more taxes to them FOR NO REASON

Those gov't assessments are based on comparable sales in your area. That is one area where CA excelled. Prop. 13 put the skids on excessive assessments.