[quote=CA renter]
This protection for owner-occupiers is the only subsidy that should exist (if any). It’s one thing to help people stay in their single, primary residences; it’s quite another to subsidize the profits of landlords, commercial/industrial property owners, and developers/owners of large tracts of land.
And it’s not just renters who pay these higher taxes and fees. We all do.[/quote]
Everybody pays for higher income and sales tax, but renters are the only one who don’t get prop 13 protection, while home owners do, so yeah, they’re the one who’s footing the bill w/out getting anything in return.
My argument is that if you truly believe in higher home ownership, then you should be banging the remove prop 13 completely for everyone drum. I can almost say w/ certainty that there are more long term home owners than long term landlords. I’m still waiting for data to back up your assertion that removing prop 13 just for landlord will somehow increase home ownership.
