How California Became America’s Housing Market Nightmare

Re:How California Became America’s Housing Market Nightmare by Starkus on Wednesday November 06, 2019 @01:24PM (#21465364)

A Californian law that is inefficient and restrictive? No surprise there.

California has been extremely fortunate with major economic forces driving their economy for decades, but paired with ineffective governance to this beautiful state, is incredibly disappointing. No pity for CA though, a lot of their voters over the years enabled this

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Re:How California Became America’s Housing Market Nightmare by d1zzy on Wednesday November 06, 2019 @04:11PM (#21467341)

But to make some things clear for those that might be reading and aren't familiar with California politics, Prop 13 is not the result of some politicians voting against the public interest or being populist or our out of touch any of those things, it's the result of direct democracy[1]. "The People" thought this is in their best interest, so they are now going to deal with the consequences.

[1] https://en.wikipedia.org/wiki/1978_California_Proposition_13

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Re:How California Became America’s Housing Market Nightmare by masonic on Thursday November 07, 2019 @04:36AM (#21471744)

The Legislature could have changed it with a Legislative Constitutional Amendment at any time. After that, it only needs a simple majority of the voters to take effect.

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