Good news for single-family homeowners in SF. Your neighborhood character will be protected & your home value will either continue appreciating at $300,000 per year or hold value during the inevitable crash. But if you're looking to stay long-term? Ya gotta go to the East Bay nowhttps://twitter.com/kimmaicutler/status/1004379162751012864 …
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And then the people who got here first get mad that this entire system, which they are also part of, means that no one exactly like them who showed up in the late 1970s can afford to show up anymore.
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All the property owners don't pay enough in property taxes? I think you should qualify this a bit.
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OK, fine. Based on when they purchased their home. 50% of the property tax revenues in Alameda & Santa Clara County come from people who bought after 2010. That's who is funding the schools basically.
End of conversation
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So depressing, but true. Fingers crossed for mail in ballots for London Breed!
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