3 ms·
One half-fix sometimes proposed to solve the most egregious Prop 13 issues but leave it in place for the people you're talking about is to limit it to only owne
by _delirium 13y ago
One half-fix sometimes proposed to solve the most egregious Prop 13 issues but leave it in place for the people you're talking about is to limit it to only owner-occupied primary residences. As it stands today, Prop 13 applies to not only homes people actually live in, but also investment property, vacation homes, even commercial real-estate. Imo any "protect the nature of our community" / "keep old people from being displaced" type justification makes a lot less sense when we're talking about Intel's property taxes, or about property held by real-estate investment trusts.
- zenbowman 13y agoI think this is far more reasonable.