Re:Housing wealth is meaningless, destructive and fundamenta...
by ffgjgf1 on Tuesday November 28, 2023 @02:02AM
(#38443207)
> Yes, after being forced out by the increased taxes they can move somewhere else and buy there
I’d focus on the high vs low density part of the argument which you entirely ignored.
> rant
I’m not
Yes, after being forced out by the increased taxes they can move somewhere else and buy there.
That's the debate right there. Should we as a society favor the rich newcomer and push out the long-term resident who now has to move somewhere else? Maybe they didn't want to move.
Or should we favor the long-term resident to stay even that means the rich newcomer maybe can't find a place?
Who is more important?
It is disingenuous to simply rant against Prop 13 without acknowledging that there will be winners and losers both with and without Prop 13. It's just different people who get favored.