Quote:
Originally Posted by edale
^ You're a walking argument for why Prop 13 needs to be repealed. Young professionals can't afford homes while aging boomers pay next to no tax on their incredibly appreciated real estate assets and purchase second properties.
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Most "young professionals" still can't afford shit and have crap loads of debt before even thinking about a mortgage. Taxing long term residents extreme amounts suddenly would do nothing but rip out average people and hand over a real estate feeding frenzy to the super rich, California would instantly transition into total serfdom instead of just mostly.