2 ms·
This is the expected result of prop-13. It's true all over california. You can make money on capital gains without any continuing investment/income or signific
by kurthr 7y ago
This is the expected result of prop-13. It's true all over california.
You can make money on capital gains without any continuing investment/income or significant tax... why bother with tenants. Just sell out to the developer who wants to put in another high-rise apartment complex when the price is higher. In the mean time... screw the neighborhood.
https://www.theguardian.com/commentisfree/2020/jan/09/san-francisco-gentrification-second-wave https://www.theguardian.com/commentisfree/2020/jan/09/san-fr...