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A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by rcpt on Wednesday June 09, 2021 @01:03PM (#27450350)
The California Tax Postponment Program prevents displacement of low income seniors and the disabled. Prop 13 is wholly unnecessary.
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Re:If you sell a house these days, the buyer might be a pens... by dv_dt on Wednesday June 09, 2021 @01:26PM (#27450626)
These programs often have terrible red tape and even awareness problems. They also ignore people who aren’t seniors but may be going through temporary rough spots. I prefer to have the prop 13 rules fundamentally built in an applied to all primary residences as a measure to provide a more universal stability of a home.
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Re:If you sell a house these days, the buyer might be a pens... by rcpt on Wednesday June 09, 2021 @03:25PM (#27452012)
> These programs often have terrible red tape and even awareness problems.

Prop 13 is $30B (billion!) per year. Surely there are cheaper ways to fix the "red tape" and "awareness problems",

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Re:If you sell a house these days, the buyer might be a pens... by xsmasher on Wednesday June 09, 2021 @05:20PM (#27453372)
I would prefer that prop13 did not apply to commercial property, and that it only applied to the first 500k of home value.
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