4 ms·
Let me paint a picture for you and you tell me if you think this is fair. If you moved to the area in 2012, odds are you got a very good deal. If you moved in
by shostack 10y ago
Let me paint a picture for you and you tell me if you think this is fair.
If you moved to the area in 2012, odds are you got a very good deal. If you moved in 2015, odds are you paid several hundred thousand dollars more for your home than your neighbor in a comparable home.
Do you think there is such a radical difference in infrastructure needs during that period to warrant shifting a disproportionate percentage of that burden to the person who bought only a couple years later? That is madness when talking about the kinds of dollars we are when things are percentage based.
Further, long-time owners in the area have been paying massively less than newer residents despite taking advantage of any new infrastructure funded by newer taxes thanks to Prop 13. Oftentimes to a comical degree.
- gozur88 10y ago>If you moved to the area in 2012, odds are you got a very good deal. If you moved in 2015, odds are you paid several hundred thousand dollars more for your home than your neighbor in a comparable home. I don't see what that has to do with new infrastructure. If you moved in 2007, people moving to the area in 2011 were paying half what you paid. >Do you think there is such a radical difference in infrastructure needs during that period to warrant shifting a disproportionate percentage of that burden to the person who bought only a couple years later? When you move into a Mello-Roos district you're paying for the infrastructure that was built for you. That's not a shifting tax burden. That's paying your own freight. If it's too much, don't move there. There are plenty of old houses that were either never in a Mello-Roos district or for which the bonds are paid off. >Further, long-time owners in the area have been paying massively less than newer residents despite taking advantage of any new infrastructure funded by newer taxes thanks to Prop 13. Oftentimes to a comical degree. That's true, but it's also true for new residents who move into an older area.