No it isn't. The same problem is at play in all major cities and metro areas around the world. To blame prop 13 is myopic. Look around.
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Replying to @wingod
no it isn't. It's most acute in Anglo- countries like UK, US and Australia.
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Replying to @kimmaicutler @wingod3 replies 0 retweets 0 likes
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Replying to @kimmaicutler
I am all for building more, we are in agreement. Prop 13 also has nothing to do with that.
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Replying to @kimmaicutler
Post 2008 when hundreds of thousands of bankruptcies where the government bundled the properties & sold them to investors to prop the market
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Replying to @kimmaicutler
The federal government did almost everything wrong post 2008 regarding housing.
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Replying to @kimmaicutler
It is trending that way unfortunately. The problem is that we live in tech world now and it is not being diffused to outside of big cities.
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no, it's really hard to diffuse it because things change so rapidly that a lot of stuff happens f2f.
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Replying to @kimmaicutler
I disagree. I would posit that the proposed corporate tax cut to 15% and 10% in depressed areas would change the nation, rapidly.
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