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> You can't just shut it off suddenly Everyone who says this is pushing a false dichotomy. The two solutions are not "create a landed gentry who pass preferen

> You can't just shut it off suddenly Everyone who says this is pushing a false dichotomy. The two solutions are not "create a landed gentry who pass preferential tax rates to their genetic offspring" and "kick grandma to the curb and throw sand in her face while twirling your mustache". Many other states have allowances/exemptions for a single owner-occupied "homestead" to prevent older people from losing their homes. Just copy their homework. Under those schemes you don't stop owing property taxes, but (with some variations) you can defer them until you sell the property or pass away. And it is beyond sick (and anti-American and probably unconstitutional) that the Prop 13 tax preference can be inherited by children and grandchildren. The only "problem" with those schemes (from the perspective of Prop 13 proponents) is that they do not allow the creation of a class of "petite nobility".

CalRobert 3y ago
Inheriting the tax has been phased out, unless you make the house your primary residence (which of course many people might choose to do, but it still is stricter than it was until recently).
- verall 3y ago
  As long as you make the house your primary residence for like 2 years and then you're free to rent it out with your super low tax rate
  - CalRobert 3y ago
    I thought you lost it once it ceased to be your primary residence for people who interrupt e after 2023? As dumb as prop thirteen is I'm curious since I may wind up in this situation
doctorpangloss 3y ago
I don't know. Every grandma who got an education in the 70s is doing extremely well right now, much better than lotterying into a house that cost $15,000 and is now worth $1.5m. If you got an education as a doctor, you got a lot more money than that $1.5m (and then, when you sell, you still need a house, and prices have risen everywhere you want to live), but more importantly, you were educated! I feel for the grandmas who want to live in the same place forever and also did not get educations so were left behind. It was a complicated time. Everyone deserves a community, but maybe not the same community. > "petite nobility" The guilded professionals are the petite nobility. The parents of the students in these articles: like, they had a choice. They could fund their schools better and they chose not to. And given that same choice, those same students, they are now adults, and again, they choose not to. Which community do you want to be a part of?
next_xibalba 3y ago
Didn’t California already have a homestead exemption and a senior exemption? https://www.boe.ca.gov/proptaxes/homeowners_exemption.htm https://www.boe.ca.gov/proptaxes/homeowners_exemption.htm https://www.boe.ca.gov/news/2021/NR-21-02.htm https://www.boe.ca.gov/news/2021/NR-21-02.htm

CalRobert 3y ago

Inheriting the tax has been phased out, unless you make the house your primary residence (which of course many people might choose to do, but it still is stricter than it was until recently).

verall 3y ago
As long as you make the house your primary residence for like 2 years and then you're free to rent it out with your super low tax rate
- CalRobert 3y ago
  I thought you lost it once it ceased to be your primary residence for people who interrupt e after 2023? As dumb as prop thirteen is I'm curious since I may wind up in this situation

doctorpangloss 3y ago

I don't know. Every grandma who got an education in the 70s is doing extremely well right now, much better than lotterying into a house that cost $15,000 and is now worth $1.5m. If you got an education as a doctor, you got a lot more money than that $1.5m (and then, when you sell, you still need a house, and prices have risen everywhere you want to live), but more importantly, you were educated! I feel for the grandmas who want to live in the same place forever and also did not get educations so were left behind. It was a complicated time. Everyone deserves a community, but maybe not the same community. > "petite nobility" The guilded professionals are the petite nobility. The parents of the students in these articles: like, they had a choice. They could fund their schools better and they chose not to. And given that same choice, those same students, they are now adults, and again, they choose not to. Which community do you want to be a part of?

next_xibalba 3y ago

Didn’t California already have a homestead exemption and a senior exemption? https://www.boe.ca.gov/proptaxes/homeowners_exemption.htm https://www.boe.ca.gov/proptaxes/homeowners_exemption.htm https://www.boe.ca.gov/news/2021/NR-21-02.htm https://www.boe.ca.gov/news/2021/NR-21-02.htm