Loading ...From 4000 to 40000. Talking about a lunatic! In California they divide 40000 in taxes by 7 different taxes and he , Newsom wants to run for president? Where do they get off doing any of this? Is it going back to 4,000?
Even Powell was complaining about housing cost. He knows they’re going after living standards or livelihoods but put it in away it’s the demand under control instead of corporate parasites and certain company’s on wall street buying up property’s to rent them, doubling the rent in short amount of time and make nasty landlords too. People are getting together in San Fran to fight back. People might just stop paying all at once in boycotts.
Housing cost affects inflation numbers so makes his job harder to save the banks. They already artificially lower the real inflation numbers which is just another tax. The ones Calif wants will just raise inflation even more and cost more jobs.