News for hackers. Stuff that matters.

A comment on Other challenges to SV’s preeminence are more fundamental than the tech diaspora. Parent comment

Re:Other challenges to SV’s preeminence are more fundamental... by gedy on Sunday March 21, 2021 @08:10AM (#26529824)
Prop 13 allows for 2% increase every year[0]. That's more than the (supposed) inflation rate in many years[1], though agreed that feels inaccurate.

[0] https://en.m.wikipedia.org/wiki/1978_California_Proposition_...

[1] https://tradingeconomics.com/united-states/inflation-cpi

[ Parent | on HN ]

There are no comments on this comment yet.