Re:JPMorgan to spend $1B on rental homes in the US to become...
by tzs on Saturday December 31, 2022 @03:56PM
(#34200661)
> Prop 13 also has the great benefit of keeping anyone new out of the neighborhood, as they’ll be paying potentially an order of magnitude higher tax on the same property.
Prop 13 is around 45 years old, which is much longer than the median homeowner tenure in California. That suggests that new people are moving into neighborhoods.
Prop 13 is around 45 years old, which is much longer than the median homeowner tenure in California. That suggests that new people are moving into neighborhoods.