Prop 13 (megatopic) (Sacramento, Susanville: swimming pool, horses, parking)

[Dave Coe]

Originally Posted by 1AngryTaxPayer

Could you do us a favor and point out the race factor in either one of those props? Thanks in advance.

Prop 16: Racist

Prop 19: Ageist


"Perhaps there is no better encapsulation of the “progressive” California Boomer mentality—no huger middle-finger to White Millennial citizens of California– than the significant minority of voters who did in fact follow the California Democratic Party’s recommendation by voting “yes” on both propositions 16 and 19."

https://www.unz.com/article/white-mi...rificial-lamb/

[1AngryTaxPayer]

Originally Posted by Dave Coe

Prop 16: Racist

Prop 19: Ageist


"Perhaps there is no better encapsulation of the “progressive” California Boomer mentality—no huger middle-finger to White Millennial citizens of California– than the significant minority of voters who did in fact follow the California Democratic Party’s recommendation by voting “yes” on both propositions 16 and 19."

https://www.unz.com/article/white-mi...rificial-lamb/

Prop 16 was mercifully defeated by a diverse and democratic leaning electorate but bankrolled by billionaire donors, most of whom were White Boomers


This is getting really confusing.

[Dave Coe]

Originally Posted by 1AngryTaxPayer

Prop 16 was mercifully defeated by a diverse and democratic leaning electorate but bankrolled by billionaire donors, most of whom were White Boomers


This is getting really confusing.

Yes, prop 16 was backed by many boomer billionaire/media CEOs while younger people of color are calling for pan-enclavism as an alternative to Affirmative Action:

https://robertstark.substack.com/p/c...-pan-enclavism

[Dave Coe]

Originally Posted by 1AngryTaxPayer

Prop 16 was mercifully defeated by a diverse and democratic leaning electorate but bankrolled by billionaire donors, most of whom were White Boomers


This is getting really confusing.

Prop 16 Vote:



Source: Wikipedia

How LA Voted:



Green = majority non-White where prop 16 passed
Blue = majority White where prop 16 passed
Yellow= majority non-White where prop 16 failed
Red = majority White where prop 16 failed

Source: https://www.unz.com/article/explorin...tion-analysis/

In depth map of how the Bay Area voted:

https://electionmapsf.com/?county=SFO&election=11-2020

[nairbdes]

Originally Posted by jamesly

Ditto.
Stay in your home for 15 years and your neighbors will be saying this about you.

If people stayed in their homes for 30 years like we did, reassessments wouldn't be an issue. It seems to me, and this is just my impression, that today's young first time homebuyers are never satisfied to stay in their average 3 bd / 2 bath <2000 sq ft home. They have the "I wants".

I physically cringed recently when we saw one of the "Love it or List it" shows and the young couple says "Only 3500 sq ft? That's too small, we NEED 4 bedrooms so there is room for Lily to play" (They had 1 child...)

Well, to be fair... those young first time homebuyers (below top 2-5% wealth) are not going to be buying an 'average' 3bd/2ba <2000sq ft home in most major California metros in the first place since that would be 900k-1 mil+ for anything above 1600sq ft.

[2sleepy]

Originally Posted by nairbdes

Well, to be fair... those young first time homebuyers (below top 2-5% wealth) are not going to be buying an 'average' 3bd/2ba <2000sq ft home in most major California metros in the first place since that would be 900k-1 mil+ for anything above 1600sq ft.

Maybe that's true in urban areas, i.e. San Francisco, San Jose or parts of So Cal but it's pretty easy to find a decent house for 400k or less in Sacramento, Fresno and a number of other places

https://www.nar.realtor/research-and...rtgage-payment

If you doubt me, check Trulia or one of the other RE sites.

[nairbdes]

Originally Posted by 2sleepy

Maybe that's true in urban areas, i.e. San Francisco, San Jose or parts of So Cal but it's pretty easy to find a decent house for 400k or less in Sacramento, Fresno and a number of other places

https://www.nar.realtor/research-and...rtgage-payment

If you doubt me, check Trulia or one of the other RE sites.

Yes, but I'm just talking about most major metros. That's most of Southern California, including San Diego nowadays. Sure they can always move to the smaller cities, but I don't think anyone young in California is out there with the "I wants" that he's describing unless they're totally disconnected from reality.

[Reziac]

You can also buy a very reasonably priced home up in Susanville.

Whether you can find a suitable job up there is a different question, and if you can't work from home, it's a loooooong commute.

[visual_snacks]

Originally Posted by Reziac

You can also buy a very reasonably priced home up in Susanville.

Whether you can find a suitable job up there is a different question, and if you can't work from home, it's a loooooong commute.

Exactly this. It goes hand in hand, you're not going to find an abundance of business and jobs in those cheaper areas. Even here in SoCal, people tend to commute from OC and inland empire to LA for work. Homes in the once cheap Corona, Eastvale etc. are now getting close to $1MM and still have the 1hr+ commute towards LA. This is the norm, someone will respond with the one outlier as proof that it's not.

[Reziac]

Originally Posted by visual_snacks

Exactly this. It goes hand in hand, you're not going to find an abundance of business and jobs in those cheaper areas. Even here in SoCal, people tend to commute from OC and inland empire to LA for work. Homes in the once cheap Corona, Eastvale etc. are now getting close to $1MM and still have the 1hr+ commute towards LA. This is the norm, someone will respond with the one outlier as proof that it's not.

I will, I will!

Yeah, you can still find repos (mostly in pretty serious fixer-upper condition) out in the desert in the $100k range. And you can find decent homes in the SoCal desert in the $250k range (frex, most recent sale of my old place). And you can still buy a couple acres out by Rosamond for $20k and start from scratch. (Buyer beware; there are piles of reasons why that's not done more often, especially in L.A. County, where if it doesn't already have power and water, you're screwed, and the building permits will give you sticker shock.) BUT it's a long commute and a long way from everything, and most local jobs are part time at minimum wage, and not everyone can adapt to the desert... and it's sure not what most people had in mind when they were looking for their SoCal dream home.

Outliers always exist, but they don't drive the market, and they're certainly not good benchmarks.