Great job Progressives!
December 20, 2025 at 4:19 PM
Great job Progressives!
Baby Boomers created the housing crisis and broke America with their institutionalized NIMBYism and weaponized faux environmentalism.
The Baby Boomers are modern America’s worst generation.
The Baby Boomers are modern America’s worst generation.
December 20, 2025 at 4:12 PM
Baby Boomers created the housing crisis and broke America with their institutionalized NIMBYism and weaponized faux environmentalism.
The Baby Boomers are modern America’s worst generation.
The Baby Boomers are modern America’s worst generation.
If the training data is racist, the AI will be racist too. There’s no escaping this.
December 20, 2025 at 4:03 PM
If the training data is racist, the AI will be racist too. There’s no escaping this.
I don’t think they know what “unfunded mandate” means
December 18, 2025 at 4:12 AM
I don’t think they know what “unfunded mandate” means
Split role would pass if all the new revenue was used to reduce the sales tax
December 17, 2025 at 5:14 AM
Split role would pass if all the new revenue was used to reduce the sales tax
This is untrue. Prop 13 failed to constrain tax revenue or the size of state government.
taxfoundation.org/data/all/sta...
taxfoundation.org/data/all/sta...
State and Local Tax Burdens, Calendar Year 2022
Tax burdens rose across the country as pandemic-era economic changes caused taxable income, activities, and property values to rise faster than net national product. Tax burdens in 2020, 2021, and 202...
taxfoundation.org
December 17, 2025 at 5:13 AM
This is untrue. Prop 13 failed to constrain tax revenue or the size of state government.
taxfoundation.org/data/all/sta...
taxfoundation.org/data/all/sta...
Unless floating tax rates are written in the state constitution or city charter, politicians will chose fixed rates because they love revenue going up without having to vote for a tax “increase”
December 17, 2025 at 5:06 AM
Unless floating tax rates are written in the state constitution or city charter, politicians will chose fixed rates because they love revenue going up without having to vote for a tax “increase”
Heck of job Trump
December 16, 2025 at 5:35 PM
Heck of job Trump
What about the product should be “cheaper”?
Critics love to point to supposed high end finishes but those faux luxury finishes are a small percentage of the total cost.
Construction is really really expensive for a bunch of reasons. Mirco apartments are a solution but those are often banned.
Critics love to point to supposed high end finishes but those faux luxury finishes are a small percentage of the total cost.
Construction is really really expensive for a bunch of reasons. Mirco apartments are a solution but those are often banned.
December 16, 2025 at 5:18 AM
What about the product should be “cheaper”?
Critics love to point to supposed high end finishes but those faux luxury finishes are a small percentage of the total cost.
Construction is really really expensive for a bunch of reasons. Mirco apartments are a solution but those are often banned.
Critics love to point to supposed high end finishes but those faux luxury finishes are a small percentage of the total cost.
Construction is really really expensive for a bunch of reasons. Mirco apartments are a solution but those are often banned.
I would lament that it will take decades for this stain on the FDA to dull, but then I remember the FDA sucked before Trump too.
After Trump, maybe we ought to just disband the FDA and start over.
After Trump, maybe we ought to just disband the FDA and start over.
December 16, 2025 at 5:14 AM
I would lament that it will take decades for this stain on the FDA to dull, but then I remember the FDA sucked before Trump too.
After Trump, maybe we ought to just disband the FDA and start over.
After Trump, maybe we ought to just disband the FDA and start over.
A gaffe in Washington DC is when you tell the truth
(Multiple attributions of this quote)
(Multiple attributions of this quote)
December 16, 2025 at 4:13 AM
A gaffe in Washington DC is when you tell the truth
(Multiple attributions of this quote)
(Multiple attributions of this quote)
Seeing a few new buildings and concluding NYC builds “boatloads” of housing is a masterclass in confusing anecdotes with data.
December 16, 2025 at 4:07 AM
Seeing a few new buildings and concluding NYC builds “boatloads” of housing is a masterclass in confusing anecdotes with data.
Only if any changes are revenue neutral and every penny goes to cutting the sales tax.
I vote against everything that gives the state government any more money.
I vote against everything that gives the state government any more money.
December 16, 2025 at 3:50 AM
Only if any changes are revenue neutral and every penny goes to cutting the sales tax.
I vote against everything that gives the state government any more money.
I vote against everything that gives the state government any more money.
Everyone thinks the most important part of Prop 13 is reassessment limit. It’s not.
The 1% rate cap has much bigger impact.
The 1% rate cap has much bigger impact.
December 16, 2025 at 1:17 AM
Everyone thinks the most important part of Prop 13 is reassessment limit. It’s not.
The 1% rate cap has much bigger impact.
The 1% rate cap has much bigger impact.
Gross revenue ratios and capitalization rates are much higher in other states.
If you repeal Prop 13 and return to 2.6% tax rates, either land value crashes with tons of mortgage defaults, rents soar OR most apartment buildings get turned into condos.
If you repeal Prop 13 and return to 2.6% tax rates, either land value crashes with tons of mortgage defaults, rents soar OR most apartment buildings get turned into condos.
December 16, 2025 at 1:16 AM
Gross revenue ratios and capitalization rates are much higher in other states.
If you repeal Prop 13 and return to 2.6% tax rates, either land value crashes with tons of mortgage defaults, rents soar OR most apartment buildings get turned into condos.
If you repeal Prop 13 and return to 2.6% tax rates, either land value crashes with tons of mortgage defaults, rents soar OR most apartment buildings get turned into condos.
What is your solution?
Capitalization rates for rental residential real estate in California are terrible. Often sub 3%.
Repeal Prop 13, property rates increase about 1.4% with assessment at market.
Cap rates become sub 1% which a terrible investment. Either rents go up or rentals disappear.
Capitalization rates for rental residential real estate in California are terrible. Often sub 3%.
Repeal Prop 13, property rates increase about 1.4% with assessment at market.
Cap rates become sub 1% which a terrible investment. Either rents go up or rentals disappear.
December 16, 2025 at 12:57 AM
What is your solution?
Capitalization rates for rental residential real estate in California are terrible. Often sub 3%.
Repeal Prop 13, property rates increase about 1.4% with assessment at market.
Cap rates become sub 1% which a terrible investment. Either rents go up or rentals disappear.
Capitalization rates for rental residential real estate in California are terrible. Often sub 3%.
Repeal Prop 13, property rates increase about 1.4% with assessment at market.
Cap rates become sub 1% which a terrible investment. Either rents go up or rentals disappear.
“Grandma is stealing from taxpayer”
🤣🤣🤣
Prop 13 will live a 1000 years if that is the best argument against it
🤣🤣🤣
Prop 13 will live a 1000 years if that is the best argument against it
December 16, 2025 at 12:39 AM
“Grandma is stealing from taxpayer”
🤣🤣🤣
Prop 13 will live a 1000 years if that is the best argument against it
🤣🤣🤣
Prop 13 will live a 1000 years if that is the best argument against it
Apparently every lesson from 1970’s and 1980’s about the dangers of Detroit being over reliant on gas guzzling vehicles has been forgotten
December 16, 2025 at 12:30 AM
Apparently every lesson from 1970’s and 1980’s about the dangers of Detroit being over reliant on gas guzzling vehicles has been forgotten
And by the way, if you can’t verify the numbers, you are completely unqualified to comment.
December 16, 2025 at 12:27 AM
And by the way, if you can’t verify the numbers, you are completely unqualified to comment.
A reprieve before being thrown out on the street. How generous of you.
December 16, 2025 at 12:24 AM
A reprieve before being thrown out on the street. How generous of you.
Prop 13 does not throw renters under the bus. Property taxes are incident on renters.
It’s not forever. Prop 19 sharply limited inheritance of tax basis.
High property tax rates coupled with California’s extremely high sales and income tax will cripple CA economy. High earners will all flee.
It’s not forever. Prop 19 sharply limited inheritance of tax basis.
High property tax rates coupled with California’s extremely high sales and income tax will cripple CA economy. High earners will all flee.
December 16, 2025 at 12:18 AM
Prop 13 does not throw renters under the bus. Property taxes are incident on renters.
It’s not forever. Prop 19 sharply limited inheritance of tax basis.
High property tax rates coupled with California’s extremely high sales and income tax will cripple CA economy. High earners will all flee.
It’s not forever. Prop 19 sharply limited inheritance of tax basis.
High property tax rates coupled with California’s extremely high sales and income tax will cripple CA economy. High earners will all flee.
One’s primary residence is very illiquid wealth and if one sells it make it liquid, one then immediately needs another place to live.
Also, property taxes are at least partially incident on renters so, yes, property taxes are regressive.
Also, property taxes are at least partially incident on renters so, yes, property taxes are regressive.
December 16, 2025 at 12:09 AM
One’s primary residence is very illiquid wealth and if one sells it make it liquid, one then immediately needs another place to live.
Also, property taxes are at least partially incident on renters so, yes, property taxes are regressive.
Also, property taxes are at least partially incident on renters so, yes, property taxes are regressive.
Have you done the math about how long this work for at the 2.6% property tax rates that were in effect before Prop 13?
December 16, 2025 at 12:08 AM
Have you done the math about how long this work for at the 2.6% property tax rates that were in effect before Prop 13?