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Replying to @TaupeAvenger
The other part is that the job growth is not even that important. Did you see @BlancaWrites’ story this week. A decade ago, there were 48,000 listings in the Bay Area. Today there are only 12,000. P13 induces owners to HODL and never sell. https://www.bizjournals.com/sanfrancisco/news/2018/05/31/prop-13-anniversary-california-property-taxes-home.amp.html …
9:22 PM - 1 Jun 2018
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