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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I don't think it's good policy that if you're inheriting a multi-million dollar asset, thereby avoiding paying the avg $7000/mo mortgage
that most other people buying the median $1.3M home in SF would have to pay, that you'd also get to pay a fraction of their tax rates....
do you think that's good policy?
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