Babyboomers abused zoning, tax law to take an excessive share of CA's creative, economic engine via property values. https://twitter.com/hunterwalk/status/773996885480615942 …
yes, under 24 swung 'No' on Prop. 13 in the 1978 elections. But no one has changed it and
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deeply distorted both state, municipal finance, while aggravating the affordability issue.
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because all land value gains are basically entirely captured by the incumbent prop. owner.
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