This area has lower home prices than many other areas in California, but a pretty typical home is running in the half million range. Impressive homes on substantial land cost several million. Million dollar homes are nice, but not mansions.

You rent? If somebody owns their home and the rental property you live in, these days there is a good chance they'd be over that million dollar mark. Oops!

It's instructive to look where most of the income tax revenue is coming from in the U.S. Hint: It's those really wealthy guys. If you take away most of their wealth, you have a one time revenue glut. Next year, revenue would drop dramatically.

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