Originally Posted by fcoolaiddrinker

it sounds like you believe the high cost of housing in ca is solely due to prop 13? I’m not sure that’s necessarily the case. It’s a factor for sure but there’s other factors such as finite land on the coast, higher paying tech, biomedical, defense, film, music, ect…


This is true in the northeast as well and they don’t have a prop 13. I’m fairly confident that if prop 13 went away tomorrow and we kicked all the retirees to Reno it wouldn’t lower prices much. Maybe initially but in a short time they would be right back to higher than most states.