also in CA, when they go to the suburb in the sky, many of them will leave their holdings to their children, where Prop. 13 assessments
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are inheritable. So I'm presuming of those 40% of CA residents 18-35 living at home w/ parents, many will continue living there....
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Well, it's just the lack of awareness of the tax benefits that that person has. Plus the gall they had to defend Prop. 13 as part of SFTU
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or that kid who is taking up a BMR unit intended for working class people, despite growing up in OC as the son of a tech worker.
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probably elsewhere. In SF, inventory is so tight... only ~600 units for sale RN. http://www.socketsite.com/archives/2017/04/inventory-of-homes-for-sale-in-s-f-nearing-a-six-year-high.html …
Thanks. Twitter will use this to make your timeline better. UndoUndo
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We're gonna be like Italy, where no one ever moves out & kids live w parents forever. Plus some plutocrats who can buy in. That's it.
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As an Italian: yes.
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This is not true. If I plant an apple tree- that's an asset I posses. There is no corresponding debt
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If u plant an apple tree and pass a law banning taxes on apples and then stop anyone else from planting a tree....
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Generational wealth theft.
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Please. It's Generational wealth re-accomodation.
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