Daytrip sent in this article (link below) on baby boomer sales, and how the transfer of homes from parents to children are likely to dampen the supply of homes for sale - and somewhat limit the property-tax receipts: LATimes.com But then I went to the actual report...
Prop 13
Amend Prop 13?
In spite of healthy property-tax increases on every property sold these days, the attack on Prop 13 continues. If we have such a problem with affordable housing, can we re-purpose or sell old government properties and use them instead? H/T daytrip:...
‘Anti-Speculation Tax’
The attack on Prop 13 should be next....from the sfgate.com: http://www.sfgate.com/politics/article/Tax-to-brake-S-F-real-estate-speculation-headed-5558857.php Supervisor Eric Mar and tenant activists unveiled a ballot measure Tuesday that would impose a steep tax on...
Policy on Raising Property Taxes
Once home values started declining, the San Diego County tax assessor started revising downward the assessed values of properties bought during the peak era. Many were a results of requests made by homeowners, but the assessor's staff also revised some voluntarily. ...
More on Prop 13
From Richard Rider, a local pot-stirrer - HT to DOB: When it comes to gathering sufficient property taxes, Prop 13 is no problem at all – except for profligate spenders. Look at the history of my San Diego County – a history which pretty much reflects the history of...
Prop 13 Threshold to 55%?
Hat tip to DOB for sending this in: The pro-tax politicians in the Legislature continue to threaten Prop. 13, homeowners and small businesses. Today at least 7 bills that would directly undercut various provisions of Prop. 13 will be heard in committee. If approved,...
Changing Prop 13, Door-To-Door
Thanks to DOB for sending in this article about how Prop 13 is being challenged : Nancy Feidelman wasn't interested in a political discussion when she saw a solicitor on her Oakland doorstep as she was preparing dinner. But after canvasser Erica Bleicher started...
Prop 13 and Corporations
Hat tip to DOB for sending this article written by Willie Brown from sfgate.com: It's good to see lawmakers moving to fix one of Proposition 13's biggest inequities - the tax break that treats corporations differently from homeowners. That break is one of the most...
Exotic Financing for Schools
An excerpt from the Will Carless article at the Voice of San Diego - hat tip to several readers! The Poway Unified School District may be California’s poster child for exotic school bond financing, but it is by no means alone in San Diego County. As I detailed in my...
Repeal Prop 13?
From the latimes.com: Christopher Thornberg, the founder of Los Angeles-based Beacon Economics said his research has convinced him that Prop 13 has caused more problems than it has solved. “Nothing is more hypocritical than Prop 13,” Thornberg said in a phone...