Recognizing the signs of disruption in our urban habitat

Re:Recognizing the signs of disruption in our urban habitat by taffer on Monday August 26, 2019 @03:42PM (#20802980)

That is why Prop 13 will not go away in a foreseeable future, but the whole idea of tying all your savings to your house is flawed. Apart from putting all your eggs in one basket, it also creates all sorts of bad incentives like Prop 13.

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Re:Recognizing the signs of disruption in our urban habitat by zepto on Monday August 26, 2019 @03:45PM (#20803016)

Are you proposing that there is something safer than your house to put your savings in that would either allow you to outpace property taxes if prop 13 was abolished, or trivially move if it were?

It’s not meaningful to say something is a bad strategy if you can’t articulate an alternative.

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Re:Recognizing the signs of disruption in our urban habitat by taffer on Monday August 26, 2019 @03:53PM (#20803086)

There are many existing alternatives like 401(k).

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Re:Recognizing the signs of disruption in our urban habitat by zepto on Monday August 26, 2019 @07:35PM (#20804799)

Those are projected to underperform and are vulnerable to mismanagement in a way that owning your own home is not.

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Re:Recognizing the signs of disruption in our urban habitat by asdff on Tuesday August 27, 2019 @05:01AM (#20807539)

That is until homes eventually get properly taxed

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