2 ms·
That isn't nearly enough. It only applies to 65+ or with disability who make $35k or less. This is part of the problem is that people are unwilling to compromi
by jnordwick 7y ago
That isn't nearly enough. It only applies to 65+ or with disability who make $35k or less.
This is part of the problem is that people are unwilling to compromise. On one side you have those who view even the risk of a single person being displaced by gentrification and rising housing prices as unacceptable.
On the other side you have those will accept nothing less than displacing everything. I make enough that I don't care, and I don't really want to live in CA long term (from NYC).
But I think a primary residence carve-out that applies to everybody would be a good compromise, but that seems to be a dirty word in CA politics.
- rcpt 7y agoIs $35k not good income for retirement? They already own a house which has gone up in value and have had years to accumulate savings. I lived in Los Angeles for the better part of a decade making less than $35k and it was fine (and I didn't own a house).