[quote=CA renter][quote=paramount]In California the only people who matter are gov’t workers and their subjects.
A policy of confiscation applies to everyone else.[/quote]
Are you on auto-record or something? You never say anything useful; you just keep regurgitating these talking points without ever addressing facts that counter your nonsensical blather.
Address the problems caused by Prop 13, especially as it applies to commercial property owners, residential investors, and owners (including owners like Pardee) who are sitting on vast tracts of incredibly valuable land, yet are not paying market property taxes. Why are taxpayers (and public sector workers!) expected to continue subsidizing the profits of these entities?[/quote]
CAR, you forgot about the thousands of SF landowners (comm’l AND residential) who have multiple holdings in the country’s most expensive city for which they are paying =<$400 to about $1600 annually in property taxes, all due to these parcels' "eligibility" to be assessed pursuant to Props 13, 58 and 193.
Next stop .... Santa Monica .... where multiple aging beachfront towers have been subject to "rent control" for decades. How much would you estimate the assessments are on those?? Does an average of $15K per unit sound about right?
Then we move down to that cute 1100 sf Birdrock cottage with a “peek view” of whitewater … currently owned by a single 62 yo “heir.” She’s actually paying $368 annually in property taxes.
And everything in between and beyond in CA’s finest coastal communities …. I could go on … and on :=0
Do you think CA’s cities, counties and Sacramento are actually getting their “fair share” from all of their longtime and/or “native” residents (whose families used and continue to use the exact same services as the rest of us)?
