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Key word being “outsized.” Prop 13 (among other issues) has turned real estate in LA to sheer insanity relative to the age and quality of the housing stock.
by claudeganon 7y ago
Key word being “outsized.” Prop 13 (among other issues) has turned real estate in LA to sheer insanity relative to the age and quality of the housing stock.
- sroussey 7y agoSo much easier to gentrify a neighborhood when you price it up and cause the original residents to pay the same tax as the new neighbors.