▲ | cocoa19 3 days ago | ||||||||||||||||
> The ones hit hardest are usually younger generations Reminds me of prop 13. If you challenge grandma having a $3M house paying peanuts for property taxes you are a monster. If you defend young people that are ready to start a family, "they can kick rocks and move to Bumfuck, Middle-Of-Nowhere, no one is entitled to live in the Bay Area". | |||||||||||||||||
▲ | linotype 3 days ago | parent | next [-] | ||||||||||||||||
Both are unfortunate situations. Neither should be priced out. | |||||||||||||||||
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▲ | burnt-resistor 3 days ago | parent | prev [-] | ||||||||||||||||
CA Prop 13 was an unfortunate, short-term bandaid in 1978 that didn't address excessive property taxes for elderly, disabled, and poor people who came after them. It truly was another boomer selfishness moment. The solution is to expand Prop 13 to all who meet low income requirements to make property taxes progressive rather than unreasonable "flat" taxes that punish the poor far more than the rich and moderately rich. PS: I grew up in south San Jose, graduated from Leland, but can't afford a home anywhere near where I grew up because rich people from all over the world gentrified the Bay Area and boomers went full NIMBY on new developments. | |||||||||||||||||
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