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Two counterpoints: - Direct your discontent toward the corporations and landlords who are exploiting Prop 13 when it wasn't intended for them. It was intended

Two counterpoints: - Direct your discontent toward the corporations and landlords who are exploiting Prop 13 when it wasn't intended for them. It was intended to protect homeowners (often on retirement income) from skyrocketing property values that is out of their control. It's done great at that, but unfortunately (like any regulation) has also been exploited by the greedy. - That aside, don't presume to be entitled to buy the house you want in the place you want it to be for the amount you want to pay for it. It sucks that I can't afford to buy a nice home in my hometown because FAANG came in and made it the place to be, but I'm also not entitled to that. The notion that people like my parents ought to be taxed out of their home so that well-off twentysomethings can have a more favorable property market really grinds my gears. There are lots of people trying to just live in their hard-earned homes after doing the work and taking the risks of building the tech industry, and most of them didn't become wealthy venture capitalists in the end. Just like most of us won't.

barnesto 6y ago
Spot on
cworth 6y ago
From their perspective, of course it would be unfortunate that your parents cannot continue to have their lifestyle subsidized. For the rest of us, that money could gladly be used for schools, infrastructure, etc Luckily, if someone is being priced out by fair property taxes, they still own a valuable asset.
- type_enthusiast 6y ago
  So, "their perspective" is that their home is where they live, and your perspective is that their home is an asset. From your perspective, they should be glad their asset has multiplied in value, and they should be happy to pay the government based on that. From their perspective, they didn't ask for the asset to increase in value, and they're just trying to live there — while people like you resent them for living there and not building a high-rise apartment building instead. How about I go to your hometown and bully your folks out of their house? They ought to be fine with that, right? It's just an asset. Come on.

barnesto 6y ago

Spot on

cworth 6y ago

From their perspective, of course it would be unfortunate that your parents cannot continue to have their lifestyle subsidized. For the rest of us, that money could gladly be used for schools, infrastructure, etc Luckily, if someone is being priced out by fair property taxes, they still own a valuable asset.

type_enthusiast 6y ago
So, "their perspective" is that their home is where they live, and your perspective is that their home is an asset. From your perspective, they should be glad their asset has multiplied in value, and they should be happy to pay the government based on that. From their perspective, they didn't ask for the asset to increase in value, and they're just trying to live there — while people like you resent them for living there and not building a high-rise apartment building instead. How about I go to your hometown and bully your folks out of their house? They ought to be fine with that, right? It's just an asset. Come on.