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> ...it was driven by higher housing prices forcing out retirees. That's part of it, yes. As I mentioned: > Mix those promises in with a few commercials and
by simoncion 2y ago
> ...it was driven by higher housing prices forcing out retirees.
That's part of it, yes.
As I mentioned:
> Mix those promises in with a few commercials and full-page ads about "How will granny keep her house if she can't pay the tax man??" and Prop 13 passes.
> And the timing doesn't really work out. Prop 13 was passed in 1978 and rent control was enacted in SF in 1979.
What? A ~year is very reasonable amount of time to discover whether landlords' promises of reining in rents because of the property-tax-payment-control they just got gifted were genuine. That's not something you're going to find out in a month or a quarter.
- refurb 2y agoRead the news papers from that time. They were in parallel. The legislature doesn’t move that fast.