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A comment on Bay Area hammered by loss of jobs: Lack of affordable housing strangles hiring. Parent comment

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by CalChris on Monday October 23, 2017 @01:40PM (#15535121)
No, this doesn’t happen in other states that don’t have Prop 13. Instead in California the property tax burden is shifted to new home owners, young families just starting out.
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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by linkregister on Monday October 23, 2017 @08:30PM (#15538189)
It does happen in other states, though not to the extent it was happening to seniors in California when the measure was enacted.

Just because it’s a real phenomenon doesn’t mean they had to adopt the most destructive solution I’ve seen.

Other states have a deep discount for seniors’ property taxes, while others have a lien on the property that the buyer has to pay (thus reducing the sale price). Other states just have very low tax increases due to stagnant property values.

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