Dark secret of California is that no one sells real estate because you can inherit your parents' lower tax rates. http://www.lao.ca.gov/Publications/Report/3706 …pic.twitter.com/KO4pdi2lhZ
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rates are enabled by newcomers paying multiples or orders of magnitude more in property tax....
so if you're ever wondering why Santa Clara County (pop. 1.9M) only has 900 homes for sale per month....https://twitter.com/louisgray/status/917473152904527873 …
Santa Clara County being the home of Apple ($800B company) and Google ($680B company) each opening/planning 14-20K+ employee campuses....
You ignore that the cost of living goes up But people who have lived in the area for decades ARE NOT THE RICH TECH EMPLOYEES Why no empathy
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