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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 @06:25PM (#27454102)
Yes.

https://harvardcrcl.org/wp-content/uploads/sites/10/2018/11/...

Norlidger v. Hahn (worth a read https://www.law.cornell.edu/supct/html/90-1912.ZD.html) didn't make it but also didn't address the Fair Housing Act.

Prop 13, especially the extensions that preserve tax rates through bloodlines, disparately impacts minorities even though that wasn't the explicit intent of the law. Turns out that intent doesn't matter on issues of race so there's legal precedent to overturn the law.

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Re:If you sell a house these days, the buyer might be a pens... by jonny_eh on Wednesday June 09, 2021 @07:04PM (#27454499)
It's also a huge grant to older generations, which violates the Equal Protection Clause of the 14th amendment, IMO. But I'm not a Supreme, so I dunno.
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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 @07:42PM (#27454888)
I agree with Justice Stevens that it's a violation of equal protection, and the state supreme court of Delaware recently did to when they struck down their version of Prop 13, but as you'll see in my Cornell link above the rest of the court upheld the law.
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