Re:CA Cities to Lose All Zoning Powers in 2 Days
by TimPC on Tuesday January 31, 2023 @02:58PM
(#34601015)
This is the dumbest idea I’ve heard. You’ll end up with people paying $0 for infra for 70 years then suddenly having to buy multimillion dollar projects with no cash reserves. The net result will be widespread chaos and huge social pressure on government to bail out badly managed HOAs.
Re:CA Cities to Lose All Zoning Powers in 2 Days
by SECProto on Tuesday January 31, 2023 @04:08PM
(#34602135)
Not different from the current system, where we elect politicians who promise not to raise taxes, so they defer maintenance on all infrastructure, until in 70 years we have to spend trillions replacing old pipes/bridges/roads that could have been kept up for decades longer with better maintenance.
Except they can't go begging to the feds, because they've also have been voted in under platforms of "minimize tax increases" for 40 years, so they're also indebted.
Re:CA Cities to Lose All Zoning Powers in 2 Days
by JAlexoid on Wednesday February 01, 2023 @09:52AM
(#34611221)
Chaos for badly managed HOAs, that will have to be dissolved and the property transferred to municipal control... disbanding bad HOAs and leaving properly managed HOAs.
I didn't mention that bad HOAs should definitely have the option to not have to pony up... However, suburban homes have to get their taxes ramped up, because they are unsustainable at current levels.
Like treat HOA as a commercial entity for purposes of trash, water and sewage. (HOAs are, de facto, incorporated organizations). Tax land under the roads as plain land.
As for localities - they should be mandated to reassess property values every X years and distribute infrastructure maintenance costs appropriately. I now live in a rural area, and I underpay taxes for the services I get... while smaller houses in town overpay.