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comment by user-inactivated
user-inactivated  ·  3012 days ago  ·  link  ·    ·  parent  ·  post: 'It’s a catastrophe': low-income workers get priced out of California beach city

It sounds like it's only gotten worse. If it was bad in '92, I can't imagine what it's like today.

Rising taxes aside, I wonder if being able to own your own home helps insulate you from dilemmas like these.





kleinbl00  ·  3012 days ago  ·  link  ·  

Especially in California, where property taxes are forever frozen at whatever they were when you bought the place.