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by lacker
140 days ago
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It's pretty common in California for cities to abuse the permitting process to extract money from homeowners. But on the other hand, these homeowners are getting subsidized by Prop 13. For a typical house in the Palisades bought 34 years ago ChatGPT estimates the subsidy is about $15,000/year. So, I have a little bit of sympathy but they're really on the benefitting end of California's various forms of tax craziness. |
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