[quote=FlyerInHi]Mello Roos is actually better for the buyer than taxes that rise with property values and not limited by prop 13.
You can may make one payment and payoff mello Roos as some people on here have done.[/quote]
You’ve missed the point. These costs should be fully reflected in the initial asking price of the home upon sale. They should not be using (public) bonds to fund these development expenses.
Additionally, as mentioned multiple times before, there are good arguments for Prop 13 protection for a single, primary residence. There are NO good arguments for extending this protection/subsidy to investors.
