Yes. California is becoming an aristocratic state under the 2nd and 3rd generations of Prop. 13.https://twitter.com/bufordsharkley/status/850597091235606529 …
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There is a limit to how much is exempt from reassessment. Prob too high to be good pub policy, def too low to create "landed gentry."
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transfers of primary residences have no value limit, including multifamily housing where the owner lives in one unit.
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New conversation -
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So what's your solution?
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