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> who are the shovel sellers in this goldrush? Property owners, who get to rent out their houses and complain about how millennials ruined everything?
by jedmeyers 10y ago
> who are the shovel sellers in this goldrush?
Property owners, who get to rent out their houses and complain about how millennials ruined everything?
- CalChris 10y agoLong term property owners who benefit from Prop 13 to be precise. John Arrillaga, Stanford grad, saw the Valley for what it was and bought property. And kept it. Google rents from Arrillaga just as Sun did before. Prop 13 locked his commercial property taxes in at 1978 levels.
- elcct 10y agoOh yes they are milking that cow dry