2019 Dec 1, 10:02am
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There is no such thing as "housing crisis". Plenty of affordable housing is this country. Can't afford to buy in Atherton? Buy in San Ramon. Can't afford San Ramon - move to Fremont. Or Stockton. Or Atlanta. Or Boise. Can't afford Boise - move to Detroit or Baltimore. Where is the fucking "crisis"? We used to be the country of highly mobile optimistic people. Are we turning into a nation of whiny bitches sitting on their asses and moaning about "crisis this" or "unaffordability that"?
Then came Proposition 13, a ballot initiative that passed in the summer of 1978 to slash property taxes. It has altered the way California has grown. By keeping property taxes low for longtime homeowners, Proposition 13 created clear winners and losers in the California housing market. “There has been a huge shift in the tax burden to young families from older homeowners and owners of businesses,” the Times noted in 1988. Cash-hungry cities opted to zone for commercial uses, which would generate sales taxes, instead of affordable housing. When houses got built, steep “impact fees” drove builders toward more expensive homes, whose buyers could absorb the costs.
Spot on, this is the real reason. Unless CA Proposition 13 mega entitlement Ponzi Scheme revoked, this issue keep continues
his lib circuits fried
Prop 13 has nothing to do with the zoning and building code practices that restricts construction of affordable housing. It is just an excuse and a very crappy one, logically.