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Given how the property tax structure in California massively privileges incumbent property owners over newcomers, I'm not very sympathetic to this line of argum
by khuey 11y ago
Given how the property tax structure in California massively privileges incumbent property owners over newcomers, I'm not very sympathetic to this line of argument.
Most Bay Area cities also have rather large development fees.
- mahyarm 11y agoYou are right in this. New people will pay more property tax when purchasing their property, and thus pay a bigger share for the new infrastructure. The people who lived there before hand will be still paying around the rate that they moved in at.