Re:Could High-Speed Rail Ease California’s Housing Crisis? S...
by fipple on Friday January 25, 2019 @06:31PM
(#19003627)
Lol. Your vaunted local representatives are superseded on everything from their airspace (FAA) to their property tax rate (California Prop 13). This isn’t some unprecedented infringement of local control.
Renting sure. But purchasing house means a lot more than "this is my square". Amenities, schools, the community are all directly tied to what your house is worth and it is an investment.
If I'm putting down a million dollars on a house and you decide my local gov. elected representatives are going to be superseded on local governance I'm not going to be very happy.