CA Prop 10

ptiemann · July 27, 2018, 5:29am

The try to limit Ellis Act evictions as well…

https://www.citywatchla.com/index.php/2016-01-01-13-17-00/los-angeles/15884-la-loses-5-rent-control-units-a-day-because-of-the-heartless-ellis-act

BAGB · July 27, 2018, 5:31am

Los Angeles is the origin of Prop 10. Be careful of LA

ptiemann · July 27, 2018, 5:41am

LA has the highest poverty rate (per county, in CA).
Santa Cruz has the second highest.

That motivates activists… and voters.

Elt1 · July 27, 2018, 5:45am

Poverty rate is misleading. There are plenty of poorer counties like Lake county

manch · July 27, 2018, 5:56am

If we had a more robust Section 8 program, tenants can better afford housing and landlords won’t be put on the guillotine. It’s like the state doesn’t provide welfare so private citizens were made to provide for the poor instead.

The best solution is still to build more. But we build a huge tangled mess with too many competing interests interlocked. Yes, Prop 13 is the source of all evil.

BAGB · July 27, 2018, 5:57am

Oregon property tax: 8 times better than Prop 13

In Oregon, every, every property owner pays property tax based on 1995 value minus 10% with 3% annual increase. This is the paradise for property tax. Given enough time and high appreciation, property tax will be essentially repealed over many years. When can we have everyone’s tax bill indexed to 1978 value? Prop 13 missed out the new buyers. In 1997 measure 50 was passed. This is Oregon’s current property tax law and it completely changed the way taxes are calculated. Measure 50 calculates property taxes by taking the 1995 value of your home, subtracting 10 percent, and then adding 3 percent per year until the present. The number created is called the home’s Maximum Assessed Value (MAV). 1995 value of home – 10% + 3$/year = MAV If you have a new home with no ‘95 value, your home’s MAV is calculated using other similar properties in the same county. The 3 percent increase per year still applies. The basic premise of the law is that your property’s value will rise faster than i…

BAGB · July 27, 2018, 6:09am

Prop 10 = Housing Freeze

Elt1 · July 27, 2018, 12:00pm

Government is the source of all evil. PROP13 was a response to over spending and over taxation. My parents property tax was $5k on a $180k home in 1978 .,Prop 13 reduced their tax by 2/3… people were losing their homes…government will take everything you have if not stopped

ptiemann · July 27, 2018, 2:26pm

Good to see those 1978 numbers. Not all of us have been here in 1978. In fact, you may be the only one.

marcus335 · July 27, 2018, 5:46pm

People don’t mind being poor if everyone else around them is equally poor. To them, that’s just normal or average. It’s when you have massive inequality that people get politically active about taking from the rich.