@EskSF that is not what I said, CA taxes are the most progressive in the country, but they run through the state govt not the municipal govt
downzoning large swaths of Northern California, then cuting their property taxes, making housing a more attractive speculative asset
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That sounds a bit too neat.
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there are probably many other co-mingling factors, but.... http://urbanpolicy.berkeley.edu/pdf/QR_EJHP01PB.pdf …pic.twitter.com/ObEjYC8TSl
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