4 ms·
Oh, proposition 13 is even worse than that. People get to pass on their privileged tax status onto their heirs. A hereditary class of people that get to own pro
by manfredo 6y ago
Oh, proposition 13 is even worse than that. People get to pass on their privileged tax status onto their heirs. A hereditary class of people that get to own property at preferential rates.
- ketzo 6y agoIf I could wave a magic wand and repeal a single law, it would be Prop 13. That shit is un-fucking-believable. Such blatant, corrupt, crony-capitalist legislature.
- fossuser 6y agoI wish we could pass something that basically said “allow upzoning and build X amount of new housing - if you refuse fine, but then you must pay market rate property tax on your property”.
- DrScump 6y agoThere's nothing stopping you - just pursue your own Initiative Constitutional Amendment.
- rcpt 6y agoIt was not legislature it was angry voters who wanted a "revolt". Lawmakers and business opposed it at the time and even put forth 1978 Prop 8 which would have given homeowners a break. But Jarvis won because of direct democracy and angry emotional selfish voters. https://teachingmalinche.com/2018/08/26/the-summer-that-elvis-died-and-proposition-13-was-born/ https://teachingmalinche.com/2018/08/26/the-summer-that-elvi...
- DrScump 6y agoPeople get to pass on their privileged tax status onto their heirs That wasn't in Prop 13, that was a product of later initiatives. It is also newly limited by Prop 19 last November.
- manfredo 6y agoProp 19 only made is so that heirs inherit the tax status if they use the home as a primary residence. So you can still own 3 houses, and give each one to a child and they will inherit the property tax if they live in it.
- fossuser 6y agoI think what really gets to me is that not only have the NIMBYs rigged the system in their favor (paying relatively no property tax, buying when housing was cheap, constraining as much new supply as possible). They then are also condescending dicks about it. At least recognize that you’re screwing new people. It’s ridiculous for them to do all of this and then act as if they’re the victims.