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by sagarm
1991 days ago
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By "forced out" you mean you could 1) sell, reaping a huge windfall.
2) use a HELOC or reverse mortgage to pay for the higher property taxes. But of course you'd prefer both to keep the windfall and not move, a privilege afforded to you by prop 13. That is only natural. Meanwhile, homelessness in the state continues to rise as high land values make housing production and anti-growth activists on planning committees exacerbate our housing shortage. |
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