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re: U-haul Shortages In San Francisco

Posted on 3/7/18 at 4:23 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262346 posts
Posted on 3/7/18 at 4:23 pm to
quote:

They're leaving because they CAN'T afford to live there because tech money has driven up the costs of R/E.


It would be smart to sell property now and GTFO
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
14837 posts
Posted on 3/7/18 at 4:29 pm to
quote:

would be smart to sell property now and GTFO



They don't have to because California capped their property tax so old people wouldn't have to leave or pay the real amount.

Plus zoning laws are fought tooth and nail to prevent further new developments.

It's crazy. I'd hold onto property as long as possible in Cali.
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