I will pay more in property tax this year as a new owner than my next door neighbor has paid in TOTAL since they moved there in 1965. That's California's Prop 13. It's a massive wealth transfer from the young to the old, many of whom rent their homes and keep the profits
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Replying to @patrickelyas @justindross
That would be a great personal incentive for homeowners to vote for more housing and reasonable housing prices
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Replying to @thijsniks @justindross
How often are homeowners directly able to “vote for more housing”? Local councils or boards who routinely block new developments are hardly reflective of the views of their constituents today - why should we believe that is all of a sudden going to change?
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Replying to @justindross @patrickelyas
Councils and boards seem very reflective of *homeowners* to me though
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But the Bay Area, above all, needs to change its electoral system for sure
1:15 PM - 14 Jan 2020
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