3 ms·
Prop 13 is an excellent point, and specific to California. I can’t imagine how different the housing situation would be without it. Maybe a little different, ma
by mwfunk 9y ago
Prop 13 is an excellent point, and specific to California. I can’t imagine how different the housing situation would be without it. Maybe a little different, maybe a lot, but certainly better for almost everyone in the big picture.
- amacbride 9y agoOnly if salaries are forced to scale with the increase in property taxes; rapid increases to the point of unaffordability were one of the reasons the law was enacted in the first place.
- suppressingfire 9y agoThere were lots of states with similar problems in the 70s. Others solved it better (e.g., NY Star program that helps specific classes of people that need help). Prop 13 was a chainsaw solution to something that needed a scalpel.