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by seanp2k2 1269 days ago
Also, the biggest winners from prop 13 are businesses like Disney: https://www.curbed.com/2020/10/prop-15-california-property-t...

Meanwhile, anyone who didn’t buy a house or property for a business 20+ years ago is priced out of the market, so we have tons of low-quality stores and businesses that are insulated from competition. It’s interesting how many free market advocates will throw their values out the window when it benefits them to do so.

1 comments

Right. And consumers get none of this benefit. When was the last time you scored cheap gas because of station's property tax?