Greedy property owners in affluent suburbs hoarding real estate appreciation and underfunding public infrastructure, services. https://twitter.com/puiwingtam/status/794894351595773952 …
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real estate is the most complex social issue there is. Time, money, people & society all meet in/over real estate.
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I understand that but CA has a system that tilts too heavily toward giving all returns, $$$ to land owners.
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prop 13 is fact. There are many commercial real estate strategies, but takes work to find & structure. Gov't isn't answer imho
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Prop. 13 merely deflected costs of public services in myriad unaccountable ways. It did not shrink government.
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real estate is where the real money is. You'll find bs land use rules in all parts of the country w/money to keep em in place.
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most of the tax code is about real estate. Every buyer wants & needs appreciation to help w/their life goals. Taxes grow from
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well zoned and planned regions that generate taxable income while growing prop values for more tax revenue. When you seek to
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change re tax laws, you affect every aspect of society. You should have a good plan, or people will reject it & your rhetoric.
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I know a lot about real estate. But I've been poor most of my life. Name calling is mean spirited & destroys thought/trust.
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calling out bullshit is important and necessary. Kim-Mai has been doing incredible work on this d for years.
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