To: Sun Tzu who wrote (14973 ) 12/22/2022 9:43:09 PM From: Kirk © Read Replies (1) | Respond to We had Proposition 13 many, many years ago. Back when 1970s inflation nearly drove my grandmother out of her house that her older brother built for her in the sand dunes of SF that became the Sunset District. It was "affordable housing" back then. My grandfather worked as a soda fountain guy and my grandmother raised my father and worked as Christmas and other holiday help at the SF department stores an easy and safe bus ride downtown. Grandpa died in the 1960s and so her older sister, who never married but cut hair for a living even then, moved in to help with expenses. The soaring property taxes was killing people who owned their homes but didn't have high paying jobs that kept up with inflation. So.. we passed Prop. 13 that says the property tax base is set when you buy the property so what you pay is known and something you can afford or you don't buy the house. Then we limit the maximum gain in taxes each year to inflation or 2%, whichever is lower. Of course the parasites who live off what governments can collect and want to retire at 60% salary for their CALPERS and CALSTERS pensions at age 52 hate it... but those of us who have to work until age 70 to get a max Social Security payment and bought our house on better land than we could really afford at the time decades ago in anticipation of massive inflation.... are quit happy with our brilliance and Prop. 13.
