Comments by "Maxwell Benz" (@Tential1) on "Los Angeles Mansion Tax BACKFIRES" video.
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Only going to spread. The activists priced themselves out of California. My neighbor moved and the first thing she told me about the new state was "omg, they didn't have any tenant protection clauses. We need to fix that." and then I said "but your rent is way cheaper than it was in California." "yes, but, we still need to protect tenants". "ok, but if you add that clause, and I'm the land owner, I need to raise prices to cover this added protection you want" and, you can literally see in their eyes, they NEVER considered this. Ever. In their minds, it's, they regulate, and it's done. Authoritarian. They never actually consider the fact that the other person will react
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@brawndothethirstmutilator9848 my mom "I want to move to California to be closer to you". Me "nope, they'll take all of your money, just fly here regularly, and rent a short term rental for a few weeks.
That's, another person who doesn't move to California and, they remove long term housing from the market. Same reason why I don't buy a home here, even though my mom would do whatever to make it possible. Doesn't matter, California views home owners (mortgage slaves/tied to the community) as piggy banks. They will just increase taxes. And reason I'm here is my specific branch of finance is only available in New York, Chicago, and California.... Ya... Chicago, I'd probably die in, new York, is wild with their subway, so California, until Miami gets built out.
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