When will we see penalty tax for foreign buyer like British Columbia?

I wonder when one of the brilliant politicians will adopt this for California?

I don’t think states have that power. It’s up to the federal government but it’d be much harder to push at that level.

Never. It goes against everything this country stands for.

It’s xenophobic and colonial.

We have had racially restrictive covenants on title deeds before. The National Housing Act of 1934 encouraged this as an unintended - or maybe not - consequence.

They were finally outlawed nationally with the rise of the civil rights movement.

Trump will! It’s about “making lots of money”…:laughing:

No story access but this subject has been revived by Y Combinator Chief…

https://www.bizjournals.com/sanfrancisco/news/2017/07/24/y-combinator-chief-sam-altman-wants-to-tax-foreign.html

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God damn those liberals fighting for you…:rofl: