"The first principle is that you must not fool yourself and you are the easiest person to fool." - Richard Feynman
"You Yanks don't consult the wisdom of democracy; you enable mobs." - Australian planner
Friday, November 18, 2022
Housing costs
Note: California has Proposition 13, so some of the lowest property taxes in the country. Lower taxes make land speculation pay, and 80% of housing cost inflation is land. That's right, lower taxes raise prices.
No comments:
Post a Comment
One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.
No comments:
Post a Comment
One of the objects if this blog is to elevate civil discourse. Please do your part by presenting arguments rather than attacks or unfounded accusations.