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A comment on L.A. council members propose taxing landlords who leave homes vacant. Parent comment

Re:L.A. council members propose taxing landlords who leave h... by baggy_trough on Friday June 21, 2019 @02:39AM (#20240387)
That is an absurd statement. For example, it resets every time the house is sold.
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Re:L.A. council members propose taxing landlords who leave h... by sharkmerry on Friday June 21, 2019 @02:46AM (#20240423)
right. but its still limited to 1% of purchase price and only 2% raise each year. Whereas the other 49 states, reassess and raise taxes.

Prop 13 incentivizes not moving, and it only gets better the longer you dont move

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Re:L.A. council members propose taxing landlords who leave h... by chrisco255 on Friday June 21, 2019 @10:54AM (#20243007)
I do think Prop 13 should only apply to a primary residence. FL has a homestead exemption, for example, that lowers the assessment and there's a cap on yearly increases.
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