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 …
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Yes, god forbid that people be forced out of their houses because an incompetent government cannot budget.
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You could have fixed the budget. You could have subsidized those most in danger of evictions. But no, price controls.
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