Yeah, without being a policy junkie I think a reasonable step would be to have Prop 13 only apply to primary residence — investment real estate would be subject to a “wealth tax,” but folks wouldn’t get priced out of their primary home due to gentrification.
Yeah, without being a policy junkie I think a reasonable step would be to have Prop 13 only apply to primary residence — investment real estate would be subject to a “wealth tax,” but folks wouldn’t get priced out of their primary home due to gentrification.