2 ms·
In california prop 13 was created for older people, because their houses appreciated and could make living in their own house unaffordable. Sort of like "rent
by m463 3y ago
In california prop 13 was created for older people, because their houses appreciated and could make living in their own house unaffordable. Sort of like "rent control" but for house taxes.
I think though that commercial properties got the best deal, because they can own a property for a much longer period of time.
It also gives an advantage to renting over buying, as rental properties generally have less money going to taxes than buying a new house.
I've heard from many people moving into a neighborhood, paying significantly more taxes than their neighbors, who have been there for years or decades.
- lotsofpulp 3y ago> In california prop 13 was created for older people, Technically, it was created for people who owned homes (and other real estate) at the time the law was passed, and their heirs. The longer you have owned a property, the more of a tax break you get at the expense of a person who bought property more recently. Basically, it created a society where long term land owners and their heirs have even more of a step up than newer or prospective land owners. And the longer you own property in CA, the more incentive you have to support prop 13. Quite an innovative way of creating a class divide.
- SR2Z 3y agoIDK about you, but to me rewarding long-term landholders is basically feudalism and doesn't count as "innovative." It's the same shit we've had for thousands of years, but because it's CA, they have to PRETEND it's progressive.
- hedora 3y agoNo one pretends it is progressive. Prop 13 and the group that supports it are from 1978, which is before the progressive moment was really a thing. The supporters are explicitly non-partisan: https://www.hjta.org/about-hjta/paccommittees/ https://www.hjta.org/about-hjta/paccommittees/ The main issue is that while they were setting this up, they also arranged for a 66% voter threshold for renewing things like school funding. Most districts around here are only 60-66% progressive, which means the schools are chronically underfunded (funding is 47th in the nation, despite California being one of the richest states).
- SilasX 3y agoYes! There was even a Supreme Court case where a justice called out its feudal character. See my earlier comment: https://news.ycombinator.com/item?id=13477220 https://news.ycombinator.com/item?id=13477220
- vaguba 3y agocalifornia was part of the so-called "red wall" back from the 1960s-1990s that was a solid GOP wall on the west coast, from washington to california.
- ttymck 3y agoWho is "they"?