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Maybe you should let people decide for themselves where they want to live?
by clarkmoody 8y ago
Maybe you should let people decide for themselves where they want to live?
- virmundi 8y agoNo, we cannot allow that. We have to allow the state to have absolute power to make poor decisions and then force everyone to conform to those poor decisions. Look at SF. The right answer is to for old people that bought into the town during the Haight-Ashbury days to sell since they are too cash poor for the rents (property tax). The wrong decision is to change the zoning laws that prevent 5+ story apartment buildings that meet earthquake code.
- usaar333 8y agoThose are related things. A locality is more willing to solve a housing shortage if existing residents are also being punished for said shortage in the form of higher property taxes.
- usaar333 8y agoCan you expand? All taxes are distortionary.. the tax system always creates some incentive that wouldn't be there without the tax. Might as well make it a good one.
- toasterlovin 8y agoI’m all for that, as long as everybody is paying a fair amount of property taxes. In California, you can have two identical houses next to each other and the person who bought 40 years ago may be contributing to funding local government at < 1/10th the level of the person next door who bought last year.