News for hackers. Stuff that matters.
Re:Oracle Moving HQ to Austin by raziel2701 on Saturday December 12, 2020 @12:02AM (#25395721)
Like what?
Re:Oracle Moving HQ to Austin by barcadad on Monday December 14, 2020 @12:07PM (#25419939)
For example, Prop 13 in CA caps property tax increases on primary residences, which keeps people in their homes longer than they would otherwise stay, which in turn reduces the for sale inventory.

Another example is Trump's Tax Act, which capped "SALT" deductions (State and Local/Property Taxes). This impacts housing prices relative to rents because you can't deduct the full amount of your property tax in high value states like California.

These are two examples...