Prop 13 freezes up the market and turnover in California is extremely low.
Prop 13 is priced in. Buyers bid higher because they don't have to worry about tax increases.
Prop 13 is NIMBY steroids. There's no penalty for blocking every building on the street.
Prop 13 freezes up the market and turnover in California is extremely low.
Prop 13 is priced in. Buyers bid higher because they don't have to worry about tax increases.
Prop 13 is NIMBY steroids. There's no penalty for blocking every building on the street.
In theory the mega corps here would show up to get this done because they're hemorrhaging workers due to Prop 13 but so far they don't seem to care
In theory the mega corps here would show up to get this done because they're hemorrhaging workers due to Prop 13 but so far they don't seem to care
The California Tax Postponement Program predates Prop 13 and ensures that low income seniors never have to pay a dime if they don't want to move.
Prop 13 is just greed.
The California Tax Postponement Program predates Prop 13 and ensures that low income seniors never have to pay a dime if they don't want to move.
Prop 13 is just greed.
Farm owners read spreadsheets and collect subsidies.
Farm owners read spreadsheets and collect subsidies.