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How many people would no longer be able to afford to live in their home if prop 13 were to be repealed?
by cascom 8y ago
How many people would no longer be able to afford to live in their home if prop 13 were to be repealed?
- TheRealDunkirk 8y agoThe bigger question to me is: would the housing market have gotten so ridiculously over-priced if the tax rates had not been capped in the first place?
- cascom 8y agoIf the housing market is so overpriced you should short it - CME has futures. But my main point is that it seems unfair (for lack of a better word) to force someone to have to sell their home because it’s paper value has increased.