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> though I personally think it inflates home prices in CA above their "true" market value and disincentivizes anyone from selling/moving Exactly. And this is i
by muzz 5y ago
> though I personally think it inflates home prices in CA above their "true" market value and disincentivizes anyone from selling/moving
Exactly. And this is important for potential homeowners to understand. It is one of the things that makes California real estate so attractive. One has to view their house as an investment, not just a place to live.