2 ms·
The most mind blowing thing in my mind is the absolute windfall that landlords have received over the last 10 years while the local communities get zero benefit
by guelo 9y ago
The most mind blowing thing in my mind is the absolute windfall that landlords have received over the last 10 years while the local communities get zero benefit from it because Prop 13 means property taxes stay flat. If the landlord is from out of state California doesn't even get a cut of their income/corporate taxes. All that insane rent money just gone while our infrastructure crumbles.