@gassee I buy a house according to my income and a few years later I am taxed out of home bc my neighborhood got popular?
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or taxes could've been taken out of capital gains at sale. What Prop. 13 has done instead is turn CA real estate
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or wonkier and from the
@LAO_CA http://www.lao.ca.gov/Publications/Report/3497 … - 1 more reply
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@CurbedSF so far your critique has 30x more engagement than their original tweet
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I'm tired of looking at listings that are going to go for 30-50% over their high six-figure asking prices
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Unless you intend to use retiree homes as a housing supply and new tax base. Which, of course, would be completely evil.
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definitely not!
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@CurbedSF no--shifted to younger, poorer people. Disappointed in this article and also in the Trulia guy's framing. - 1 more reply
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