had California not had a fixation with the privatized space of single-family suburbs, and allowed more housing in the 1970s
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the price escalation may not have become so crazy.
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@twliterary Northern Californians downzoned everything in the 1970s, and then housing values skyrocketed w/ stagflation. Hence, Prop. 13. -
No, kiddo. I lived through that era. Prop 13 residential half was about keeping families in their homes.
@kimmaicutler@twliterary
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It's not the fault of oldtimers if u chose 2 move 2 an area where ur salary can't afford housing. U had a choice not 2 come.
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You had a choice not to obstruct housing creation such that it priced out the poor, and future labor force.
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the taxes are already capped right now. So keep them capped at the assessed price, and then capture the equity gain at sale.
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if we capture equity gain at sale, the measurement evaporates. Any value tax gets would be removed from the price.
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Is there anything stopping an initiative to at least repeal prop 13 for commercial buildings?
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I agree with your premise yet your opposition to P-13 would just make them slaves to the state.
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