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New program for down payment


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2018 Jun 24, 7:58am   4,316 views  5 comments

by Blue   ➕follow (0)   💰tip   ignore  

https://www.eastbaytimes.com/2018/06/21/cant-afford-a-down-payment-on-a-house-this-new-program-could-help/
This is a 3rd word type solution that may "help" very few.

The real solution:
1. Repeal prop 13 - helps ease the housing crisis (https://medium.com/@ericmkingsbury/the-real-reason-we-dont-build-in-palo-alto-or-any-high-cost-part-of-california-d8ff46d46b52)

2. Repeal and replace residential (NIMBY) zoning laws with something more modern.

Comments 1 - 5 of 5        Search these comments

1   RWSGFY   2018 Jun 24, 8:22am  

Blue says
Repeal prop 13 - helps ease the housing crisis


Sure, but first repeal SIT and sales tax. Prop 13 is a result of tax revolt, there was a good reason for it to be voted in and there are even more reasons for it to stay. We are not blind and we see clearly what happens in other Dem-controlled tax hells like IL.
2   Tenpoundbass   2018 Jun 24, 8:43am  

If you can't afford the house then move away. Move to a shit hole in the middle of the country. Why don't people quit being disingenuous posers. That's why SF is so full of fake it interlopers that are way out of their league. 90% of them belong at the Elk Club in Columbus Ohio they talking about "Let Me IN!" to the most exclusive real estate in the United States.
Ya'll's some funny mother Fuckers. Fake broke ass bitches. And OH! This plate aint clean wash it again!
3   Strategist   2018 Jun 24, 9:34am  

Tenpoundbass says
If you can't afford the house then move away. Move to a shit hole in the middle of the country. Why don't people quit being disingenuous posers. That's why SF is so full of fake it interlopers that are way out of their league. 90% of them belong at the Elk Club in Columbus Ohio they talking about "Let Me IN!" to the most exclusive real estate in the United States.
Ya'll's some funny mother Fuckers. Fake broke ass bitches. And OH! This plate aint clean wash it again!


Thanks Captain for the Sunday morning rant. It was good.
4   MrMagic   2018 Jun 24, 1:05pm  

Strategist says
Tenpoundbass says
If you can't afford the house then move away. Move to a shit hole in the middle of the country. Why don't people quit being disingenuous posers. That's why SF is so full of fake it interlopers that are way out of their league. 90% of them belong at the Elk Club in Columbus Ohio they talking about "Let Me IN!" to the most exclusive real estate in the United States.
Ya'll's some funny mother Fuckers. Fake broke ass bitches. And OH! This plate aint clean wash it again!


Thanks Captain for the Sunday morning rant. It was good.


Yes, I agree!

Unfortunately, he's right.
5   Blue   2018 Jun 25, 12:01am  

Hassan_Rouhani says
Blue says
Repeal prop 13 - helps ease the housing crisis


Sure, but first repeal SIT and sales tax. Prop 13 is a result of tax revolt, there was a good reason for it to be voted in and there are even more reasons for it to stay. We are not blind and we see clearly what happens in other Dem-controlled tax hells like IL.


I thought, Prop 13 is pushing the government to relying more on SIT and sales tax as an alternatives.

If there is a genuine reason to believe the property tax is too high at 1% rate, why not go for lowering it like 0.1-0.5%. But it has to be the same for everybody irrespective of timing, whether it is parchased now or 10,20,30... years from now.

https://www.evolve-ca.org/prop-13-facts/
"Under the current system, two identical businesses side-by-side may pay drastically different property taxes. This penalizes new businesses by making them subsidize their established competitors’ property tax."

How can this be ethical.

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