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Between this and the "pork" that was recently scrutinized, I am completely disgusted that local, state and federal government thinks that they have a blank check care of tax payers. Of course it's been this way forever, but this is getting out of hand.

200m missing, and the state is having massive forest fires, electrical outages and way too many people living in tent cities.

What an absolutely disgusting waste.

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It's the 5th largest economy in the world, ahead of even India, and with 2% of the population to take care of. Must be all Prop 13's fault, no waste here behind the curtain. /s

Prop 13 incentivizes cities to reject new housing because it is net revenue negative compared to commercial properties. That and it disincentivizes old people to politically advocate for affordable housing, because they don't have skin in the game / are free riders and thus do not feel the pain like everyone else. They end up ferociously protecting their boomer bank account (house value) because they cannot see beyond their own personal situation.

My comment was about lost revenue and how Prop 13 is blamed for all money ills, not the points you are addressing.

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