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A comment on Average Rent in San Francisco Has Dropped $1k This Year. Parent comment

Re:Average Rent in San Francisco Has Dropped $1k This Year by thaumasiotes on Monday December 28, 2020 @10:47AM (#25560063)
> a myriad of other regulation that infringed upon property rights and adds friction (time, money, risk, all of the above) that prevents people from exercising their property rights. Prop 13 (a monetary incentive to not sell) falls into this latter category.

I think Prop 13's incentive not to redevelop is actually more significant here than its incentive not to sell.

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Re:Average Rent in San Francisco Has Dropped $1k This Year by kelnos on Monday December 28, 2020 @08:30PM (#25565598)
Right. At least when you're old enough to be in retirement there are a bunch of ways (expanded this year) to sell and keep your old tax assessment on your new place. AFAIK redevelopment will always trigger a reassessment no matter what.
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