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lacker | 1 month ago

It's pretty common in California for cities to abuse the permitting process to extract money from homeowners. But on the other hand, these homeowners are getting subsidized by Prop 13. For a typical house in the Palisades bought 34 years ago ChatGPT estimates the subsidy is about $15,000/year. So, I have a little bit of sympathy but they're really on the benefitting end of California's various forms of tax craziness.

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