So done w/ the critique that someone living in a $1.5 mil house is rich. My neighborhood was a happily rundown until 4 yrs ago, when it was "discovered." It's still a lot of working/middle class plus retirees scraping by. Many didn't ask for/want the speculation & gentrification
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If you don’t want your house to be worth millions and your property taxes to go up, approve multi-family housing nearby. This isn’t rocket science. This didn’t just happen to these people. They fought hard to keep their property values high and now want to complain.
property taxes on folks who bought homes before the boom can’t even have risen that much under prop 13, right? honestly struggling to understand the middle class struggle here...
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I’m confused about this as well. I thought California property taxes were calculated by purchase price. How is this not win/win for the people she is invoking?
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