The Silicon Valley peninsula is becoming a glorified retirement community with real estate equity for boomers propped up by proximity to corporate HQs who then export their workforce's housing needs to other parts of the Bay Area. https://twitter.com/ByRosenberg/status/959522693002412032 …
-
This Tweet is unavailable.
-
Other states like Washington, Colorado and Utah all have property tax exemptions or deferrals for seniors and people on low-incomes. Prop 13 was sold as something to protect grandma but in reality it is used by commercial real estate ownershttp://www.sfchronicle.com/opinion/openforum/article/Close-the-Prop-13-commercial-property-tax-12309595.php …
1 reply 0 retweets 5 likes
Among residential beneficiaries, in reality, the vast majority of benefits go to high-income households according to the state’s legislative analyst office. http://lao.ca.gov/Publications/Report/3497#Do_Proposition_13.2019s_Benefits_for_Property_Owners_Vary_With_Income.3F …pic.twitter.com/2BdV3RmrJG
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.