top | item 9215794

(no title)

jekdoce | 11 years ago

Both of these laws are designed to benefit people who moved here long time ago and make it economically harder for new people to move here. Whether they are landlords, renters or home buyers.

Prop 13 makes new property buyers pay more for property taxes. Rent control makes new renters pay more for rent.

As long as there are more people benefiting from these 2 laws than hurting, they will be in effect. It would be interesting to see organized efforts in changing these laws.

discuss

order

100k|11 years ago

Agreed. I think the entrenched property owners and long-time renters are a big part of the anti-building coalition in SF. For owners, lack of building is actually in their interest. For renters, at the very least, the lack of building doesn't affect them.

Both have "got theirs" and don't want to let new people into the city.