@ladykayaker also, see this? That extra $1M of real estate appreciation? Didn't earn that. Did it by exclusionary zoning + Prop 13.https://twitter.com/kimmaicutler/status/793308680385011712 …
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Yes, that’s true, but all the new housing (what little there is) should begin to offset.
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Or not. I don’t have the stats but just thought I’d ask.
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Hence we are creating an aristocracy no different than 19th century Britain.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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