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The critical flaw in Prop 17 is that it applies to nearly all properties. Florida did homestead protection right. The homestead protections there are nearly a
by vonmoltke 11y ago
The critical flaw in Prop 17 is that it applies to nearly all properties. Florida did homestead protection right. The homestead protections there are nearly as strong as, if not stronger than, Prop 17; however, only owner-occupied residential properties qualify. I think it is ridiculous that someone can move out of their house or condo in SF, rent it out, and still reap the property tax benefits.