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That article has nothing to do with Prop 13 (the only mention of prop 13 is in the comments). And while I think Prop 13 is an abomination for a variety of reaso
by timr 9y ago
That article has nothing to do with Prop 13 (the only mention of prop 13 is in the comments). And while I think Prop 13 is an abomination for a variety of reasons, there's basically no evidence that it reduces new construction.
- Decade 9y agoYeah, I was in a hurry. My point was that voters were already voting to save themselves from the housing crisis 40 years ago; while making the crisis even worse. The article was about how the housing crisis goes back even further. Ultimately, the original sin was racism. http://www.oaklandmagazine.com/May-2017/The-Real-Cause-of-Gentrification/ http://www.oaklandmagazine.com/May-2017/The-Real-Cause-of-Ge... https://www.theatlantic.com/business/archive/2015/11/zoning-laws-and-the-rise-of-economic-inequality/417360/ https://www.theatlantic.com/business/archive/2015/11/zoning-...