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A comment on San Francisco: An Elitist Bubble Ignoring a Crime Epidemic?. Parent comment

Re:San Francisco: An Elitist Bubble Ignoring a Crime Epidemic? by Domenic_S on Thursday June 01, 2023 @12:46PM (#36153801)
> Prop 13 freezes your tax rate when you purchase the property.

Factually wrong. Prop 13 limits your tax increase to 2% per year.

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Re:San Francisco: An Elitist Bubble Ignoring a Crime Epidemic? by mlsu on Thursday June 01, 2023 @11:59PM (#36160858)
OK. Perhaps freezes is the wrong word.

Turns it into molasses? Coagulates it? Congeals it?

Property tax on a 10 year home might be half of what it should be. Property tax on a 20 year home might be a quarter. I sure would love a 75% discount on my income taxes!

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Re:San Francisco: An Elitist Bubble Ignoring a Crime Epidemic? by Domenic_S on Tuesday June 06, 2023 @11:57PM (#36222653)
You'll have one in 20 years!
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