Having the government take up the financial responsibility of the Mello-Roos seems like a win-win solution for everyone.
1). First of all, that’s the way it should be–nowhere else are homeowners asked to pay for these expenses (school, etc);
2). This immediately reduces the “actual” price of the house by ~10-20%, making it more affordable, hence driving up sales stimulating the housing market;
3). It reduces the financial burden of homeowners, puts more money in their pocket, stimulates consumer spending;
4). The increased tax revenue from the increased consumer spending more than makes up for the government’s Mello-Roos spending.
I’d think this proposal will have broard support from homeowners, buyers, builders, AND realtors. Some of us ought to figure out a way to put this initiative on the ballot.
I wouldn’t support it. Nor would anyone else not in a Mello-Roos tax area. I don’t want to pay the bill for Mello-Roos tax that someone else signed up for.
I wouldn’t support it. Nor would anyone else not in a Mello-Roos tax area. I don’t want to pay the bill for Mello-Roos tax that someone else signed up for.
I wouldn’t support it. Nor would anyone else not in a Mello-Roos tax area. I don’t want to pay the bill for Mello-Roos tax that someone else signed up for.
I wouldn’t support it. Nor would anyone else not in a Mello-Roos tax area. I don’t want to pay the bill for Mello-Roos tax that someone else signed up for.
I wouldn’t support it. Nor would anyone else not in a Mello-Roos tax area. I don’t want to pay the bill for Mello-Roos tax that someone else signed up for.
Good luck getting rid of MR. Took a long time for Prop 13 and they’re still complaining about that and wanting to get rid of it. MR was the back door around Prop 13.
Good luck getting rid of MR. Took a long time for Prop 13 and they’re still complaining about that and wanting to get rid of it. MR was the back door around Prop 13.
Good luck getting rid of MR. Took a long time for Prop 13 and they’re still complaining about that and wanting to get rid of it. MR was the back door around Prop 13.
Good luck getting rid of MR. Took a long time for Prop 13 and they’re still complaining about that and wanting to get rid of it. MR was the back door around Prop 13.
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