3 ms·
Proposition 13 is good for those who have had a property for a long time, but it's certainly not good for new buyers. They are effectively subsidizing long-term
by CogitoCogito 5y ago
Proposition 13 is good for those who have had a property for a long time, but it's certainly not good for new buyers. They are effectively subsidizing long-term residents. I understand why property owners might like it after they've been somewhere for a while, but I personally find it fundamentally unfair.
- deleted 5y ago[deleted]
- noduerme 5y agoBased on that reasoning, is rent control also unfair?
- vdqtp3 5y agoGenerally, the same group wants both ever increasing property taxes (because people who own property are evil rent-seeking slumlords) and completely frozen rents.
- carlivar 5y agoAnd then complain that there isn't enough housing.
- missedthecue 5y agoYes. It's the epitome of "eff you, got mine" thinking.