Greedy property owners in affluent suburbs hoarding real estate appreciation and underfunding public infrastructure, services. https://twitter.com/puiwingtam/status/794894351595773952 …
so did I. In most pts of the country, home price appreciation since the 1960s has been like a 10X. In PA, a 100X.
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Prop 13 creates a structure where the property owners financially benefit by deepening a shortage and causing affordability
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issues for everyone else. It's just a pass the buck structure, which is diff than most other pts of the country.
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