Also, CA has lower effective property tax rates but the highest income tax rates. Seattle has no income tax but property taxes aren't cappedpic.twitter.com/Uy0Qm1HatD
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Maybe! Shelter is a human necessity. Other countries like Germany target maintaining stable housing prices.
It'd make it more difficult for people to sell, move and buy another house. Even fewer houses would go on sale in SF or PA.
Already an issue in CA. People can't move bc their assessment changes or they have to sell one to buy another & there's no inventory. But
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