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> similar policies they left > raised property taxes California property taxes are super low thanks to Proposition 13 (which ironically makes housing less af
by klipt 8y ago
> similar policies they left
> raised property taxes
California property taxes are super low thanks to Proposition 13 (which ironically makes housing less affordable because low tax coastal housing attracts investors like crazy).
So higher property taxes are not what made California unaffordable, if anything it's the opposite.
- rcpt 8y agoThe people leaving California likely didn't luck into the prop 13 handout and are mad as hell about it which would explain why they are voting for higher property taxes. Personally, after living here for a decade, I've seen how much damage that stupid law has done to our public services and housing market and wish for nothing more than Copenhagen-style land taxation applied across the state.
- klipt 8y agoYeah, land value taxes are loved by economists. But opposed by voters because the voters own land. shrug