News for hackers. Stuff that matters.

A comment on Governments Should Compete for Residents, Not Businesses. Parent comment

Re:Governments Should Compete for Residents, Not Businesses by zamnos on Wednesday March 08, 2023 @03:22PM (#35074241)
The other situation would be California's Prop 13, which locks down property tax rates to when you bought the house. It keeps long term residents in, but has had some unexpected consequences and its part in California's housing crisis is not to be ignored.

https://edsource.org/2022/californias-prop-13s-unjust-legacy...

[ Parent | on HN ]
Re:Governments Should Compete for Residents, Not Businesses by tclancy on Wednesday March 15, 2023 @02:53PM (#35173019)
That's really weird though, because it can be passed down to heirs, right?
[ Parent | on HN ]