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Proposition 60 Residence Property Tax

REAL ESTATE
May 25, 2008 | By Patrick Duffy,
Like many other baby boomers, Manhattan Beach residents John Osten, 62, and his wife Rose, 61, were in search of a simpler life. After raising their family in the "tree" section of this ocean-side city, and with plenty of equity built up during 18 years at their 3,000-square-foot, single-family home, the Ostens were hoping to return to the Strand area adjacent to the city's beach, where they had once lived an active life of surfing, running and biking.

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