Interview with Jeff Atwood, Co-Founder of Stack Overflow

Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by koolba on Wednesday January 22, 2025 @02:40PM (#42796669)

CA housing cannot be fixed without across the board reassessment. Otherwise the winner with an old property paying 2% of their 1980s purchase price will never sell. The immediate tax hit for moving to a similar house would be financial insanity.

And reassessing across the board is not going to happen either because it would price out grandma living on a fixed income.

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Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by clpm4j on Wednesday January 22, 2025 @03:52PM (#42797365)

I bought my house (in CA) in 2019, and my property tax bill is ~$30k/yr. My literal nextdoor neighbor's property tax bill is less than $1k/yr (it last sold in the 1960s and has been passed down within the same family).

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Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by bombcar on Wednesday January 22, 2025 @04:53PM (#42797917)

And to fix the problem, they added Prop 90 and 19, which now let you transfer the base value around! What an amusing shell game.

https://www.boe.ca.gov/prop19/#FAQs

But more efficiently shuffling existing supply doesn't create new supply.

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Re:Interview with Jeff Atwood, Co-Founder of Stack Overflow by jacobr1 on Wednesday January 22, 2025 @06:38PM (#42798752)

Tax deferral to the estate for anyone over X age or that has owned a property for more than Y years. Or some gradient on either age or property ownership duration would address some of the issue. Even if you mitigate things with some kind of blanket exemption either of the estate or just to for life for a small set of folks that qualify, you need to stop it from new homeowners getting locked in.

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