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by guelo 3814 days ago
The main problem is Prop13, in other states property taxes increase and drive people out as land increases in value. In California land owners are locked in forever. OTOH, somehow California ended up with the fastest growing economy in the country. Causation? Correlation? Who knows.
1 comments

> OTOH, somehow California ended up with the fastest growing economy in the country.

Huh? California is decidedly middle-of-the-pack:

https://en.wikipedia.org/wiki/List_of_U.S._states_by_economi...

Sorry, that was worded wrong. I meant that California ended up with San Francisco's economy.