3 ms·
> We can't force them to put their houses on the market or adopt reasonable prices At the very least we could stop sinking tens of billions of dollars every ye
by rcpt 3y ago
> We can't force them to put their houses on the market or adopt reasonable prices
At the very least we could stop sinking tens of billions of dollars every year into tax cuts that essentially force them to never sell.
Every single California housing issue is because of Prop 13.
- bugglebeetle 3y agoEh, not really. Every single housing issue is because of real estate speculation. Turning housing into an investment vehicle vs. a depreciating asset that people live in is where all the problems arise from, including Proposition 13.
- bcrosby95 3y agoCalifornia had affordability problems before prop 13. It's why it was passed in the first place.