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You can, but more residents consume more services, which is a net cost in the long run if property taxes are locked in. As a result, cities in California prefer
by ItsDeathball 7y ago
You can, but more residents consume more services, which is a net cost in the long run if property taxes are locked in. As a result, cities in California prefer commercial development that generates sales and income taxes without the need to accommodate more residents. It's a vicious cycle of misaligned incentives.