4 ms·
My big problem is not merely keeping their own land under-developed, but that there is a huge overlap between these squatters and NIMBYism to prevent me from us
by Decade 7y ago
My big problem is not merely keeping their own land under-developed, but that there is a huge overlap between these squatters and NIMBYism to prevent me from using the land to its potential, even if I manage to buy property from one of their neighbors.
- zepto 7y agoOk, so it is about using taxes to push people you don’t like out? What makes a particular property owner into a ‘squatter’?
- mikeash 7y agoThey pretty clearly said that it’s about being prevented from using their own property the way they want.
- zepto 7y agoSure - but this is just indication that there is a small group of people that the poster has a beef with vs the huge group who would be adversely affected I.e. all homeowners. Unless you take seriously the idea that most homeowners in California are squatters and NIMBYs.
- Decade 7y agoIt is not about using taxes to push people out. The feudal nature of Prop 13 is a problem, but people eventually leave anyway. Once the owner leaves, the new owner should be able to bring it to its full potential by building apartments and condos. In most of the country, including the vast majority of the land in every city in California, this is illegal. The only way to maximize the value of the land is to turn it into luxury housing. Prop 13 is a blunt instrument that rewards speculators more than it protects homeowners. What would be a much better system is some sort of forbearance, that the owner does not have to pay the full property tax until the property is sold, and then the back taxes are paid from the profits. Immortal entities like corporations should not have Prop 13 protection.