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by mdavidn 2327 days ago
When someone proposes a four plus one housing development around the corner from your house to help address the state's housing shortage, would you oppose it? You can't move if you don't like it, after all, since you'd lose your property tax break.

If you oppose such developments, then the higher value of your home _is your fault_.

2 comments

Im in favor of any housing that makes sense but dont espouse the logic that just because someone wants to move to a town everyone has to agree to let giant apartment blocks get put up. I did indeed buy where Im at because I enjoyed the small town culture but I understand the need for managed growth. My town is already overwhelmed with infrastructure and water issues that poorly planned growth will exacerbate. There is a lot of land in Cali we dont all need to live on the coast. Being here is a privilege not a right and Im not being selfish wanting to keep that for which Ive worked hard. Growth is inevitable ... Poorly planned cities are not. Just look at Daly city if you want to see the ugly side of unhindered housing expansion and poor infrastructure. Further, your argument still doesnt engender the need to get rid of prop 13...
All of your arguments have the side effect of increasing the value of your home, thereby making you more dependent on Prop 13.
So youre for poorly planned cities or gentrification? The value of my property is simply that it is the house in which my family and I live. I gain no benefit from the market increase until I actually sell my house (I suppose there is financial wrangling that could be done but I dont have the money or time for that). Anyone that buys my house or any house in a high value area is going to be paying a higher tax rate simply based on the cost. Prop 13 insulates me from that and encourages/allows me to stay put while still setting the tax rate for all new purchases. I will indeed resist poorly planned additions to my town and will insist on proper infrastructure in place before conceding to any mass buildings. Im not interested in living in an Oakland'esque place with ghost ships everywhere. Ill let you do that elsewhere. Further, you still havent reasonably outlined how getting rid of prop 13 is going to fix things. There are plenty of wealthy people around to pay the taxes assessed on a home purchase ... plus, they can probably afford CPA's to dodge taxes otherwise. Youd be better off trying to fix the socioeconomic disparities so prevalent in our society ... and if you think eliminating prop 13 is going to help toward that end then I got a bridge in Arizona for ya ...
Each time you interact with anyone employed in your area, you should ask about their commute. There's a good chance that the staff who care for your children, the staff who stocks your groceries, the staff that cleans your workplace, all have soul-crushing commutes. Your "managed growth" policy forces _them_ to pay for your "small town culture" with their time. That's gentrification, by definition.
What makes you think I don't commute to afford being here? You still haven't addressed how making my property taxes double is going to encourage me to accept poorly planned building ... I'd argue I would be doubly against it. Again, anyone that purchases a house now pays taxes on the market rate. People buy in my town not for jobs but for the culture and location ... If houses get cheaper here the wealthy will just buy two. Now if you said something thoughtful like eliminate prop 13 for anything but primary household you might be onto something but otherwise you're failing to convince me. You might also stress increasing minimum wages such as my town recently enacted. I'm curious if the obvious will happen: business that rely on ultra cheap labor will fold (which I'm ok with) and/or more workers will be attracted from further away (which I'm not ok with). I know Costco and Starbucks already pay a bit above state minimum and a large portion of the service industry folk I patronize are my town neighbors. Why do you have a problem with improving to middle class taste? I definitely prefer my neighbors not living in squalor.
Another point tho ... where I live doubling the taxes and pricing out those holding on with fingernails will only speed the gentrification. I would have no problem selling my house right now at market value and the buyers from the valley wouldnt bat an eye at the taxes ... not even including the foreign buyers coming in to hide the peoples squandered moneys. Prop 13 aids those like myself by keeping us out of the market loop ... I feel no pressure to sell and have no interest in buying again.
Prop 13 does keep you in that home, true, but a more stable home value would also keep taxes low. One way to keep home values low is to build high-density housing in the area. Such projects are opposed by local home owners in California.