Or maybe it causes bubbles, because you can park capital into scarce California real estate while basically having flat taxes forever? https://twitter.com/HJTA/status/793133595648856064 …
-
-
that's a mechanism that plausibly leads to bubbles. Lower tax leading to
prices is just net present value. -
OK, shoulda been more specific.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.