Time to remind everyone again that @UofCalifornia had no tuition until voters passed Prop. 13 and cut property taxes. (Yes, a previous generation chose to indebt you so they could have overvalued houses.) https://twitter.com/kimmaicutler/status/1070204442966818817?s=21 … https://twitter.com/annehelen/status/1094259607780831232 …
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@kimmaicutler - could you please run for office so we can vote you in to fix things (anythings)?
End of conversation
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More importantly and obviously, there is a relationship between property taxes and affordability.
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2. a 100% tax on land's rental value drops its selling price to zero. The reason this happens is germane to understanding affordability issues. Do you understand why this happens?
End of conversation
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