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burnt-resistor 3 days ago

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.

dnissley 3 days ago | parent [-]

boomers were just coming of age politically when prop 13 passed in 1978. the main culprits were actually the silent generation and older greatest gen homeowners—think postwar suburbanites who had bought in cheap and were now watching their property taxes spike in a period of wild inflation + ballooning home values. boomers were still mostly renters or too young to own, especially in california’s pricey metros.

burnt-resistor 2 days ago | parent [-]

Incorrect. They were buying homes like my parents (born in 47 and 48) did in San Jose, who benefitted greatly from Prop 13. It was the grandparents of boomers (Jarvis and the older bits of the Greatest Gen) who were initially impacted by rapidly rising property values and property taxes who pushed for it.