[quote=CA renter]
What I’m theoretically proposing would **help** the working poor own their own homes by eliminating many of the distortions caused by wealthy entities hoarding finite and highly desirable land. I think, theoretically speaking, there should be a cap on the amount of land that is controlled or owned by one entity/person. I do NOT generally believe in government subsidies for housing, because I believe affordability comes in the form of lower prices, not gimmicky rates/mortgages, or govt subsidies.
Yes, I am absolutely in favor of Prop 13 protection on a single primary residence only, with possible exemptions as noted above for multi-family and SFH rentals that comply with rent control laws — so the benefit filters down to the low-income tenant instead of a landlord’s profit.[/quote]
Isn’t it a little ironic that you don’t support government subsidies for housing, yet you absolutely in favor of prop 13?
