4 ms·
That's good for California. But if we are to generalize this problem, many states don't have that. Still, it's a good policy and I wish my state would pursue i
by stinkytaco 10y ago
That's good for California. But if we are to generalize this problem, many states don't have that.
Still, it's a good policy and I wish my state would pursue it. The oil boom priced many people out of their homes.
- carapace 10y agoMany people see it as bad for California. We're foregoing tons of tax revenue and warping real estate markets. There are always trade-offs.
- davidw 10y agoHere's one article: http://www.slate.com/blogs/moneybox/2016/09/22/california_s_proposition_13_is_bad_policy_and_here_are_some_graphs_to_show.html http://www.slate.com/blogs/moneybox/2016/09/22/california_s_... There are plenty more.