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No -- it has nothing to do with NIMBYs. The housing problem has to do with very rapid and massive population growth.
Americans are used to having a little elbow room and why should they give it up? You have a normal size house and now the developers want to bring in infonavit type housing.
I'll just cut and paste from someone else's first comment.
Here's a solution: repeal Prop. 13. Let property taxes rise with the market, it will provide an immediate tax boost to local cities, and for those old folks who've lived in Hancock Park for 50 years, their taxes will rise to market rates so that they would be forced to downsize (ie move the **** out) or they will have to pay market rate taxes. As it stands, rich, older communities are unfairly advantaged from Prop 13.
Real Estate Tax policy is the GLARING problem in local politic
I'll just cut and paste from someone else's first comment.
Here's a solution: repeal Prop. 13. Let property taxes rise with the market, it will provide an immediate tax boost to local cities, and for those old folks who've lived in Hancock Park for 50 years, their taxes will rise to market rates so that they would be forced to downsize (ie move the **** out) or they will have to pay market rate taxes. As it stands, rich, older communities are unfairly advantaged from Prop 13.
Real Estate Tax policy is the GLARING problem in local politic
The old folks vote. You'll need a big youth movement to get rid of Prop 13.
This country can't be fixed until baby boomers age out.
And then California will collapse. It's all going to be illegals with sky high birth rates and no taxpayers to support their children for them. Who is going to pay for all those expensive schools and hospital care?
They have to keep Prop 13, if they raise the taxes, then there is nothing holding the taxpayers there. They can take their social security checks and stretch them much further elsewhere. The bigger homes as in 3 or 4 bedrooms and 1800 sq ft will fill with 4 or 5 families each with low incomes that cannot pay taxes.
Just get rid of the urban planners and let nature take it's course.
They're doing some weird urban planning here where they're going to make what they call "mixed use housing". That means the working people can live in the same place as the welfare moochers getting free housing. And they're being give some big federal money for this.
Just awesome, you can work hard for everything and pay your own way and get to live with the freeloaders. Who is stupid enough to want to work hard and pay $800 for the same apartment next to the welfare queen with 8 kids living off the taxpayers?
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