Millennials are unable to save the California housing market: Inflated prices and a labor force that is aging
2019-06-08 — doctorhousingbubble.com
``Based on current tax figures, that means that one home is going to pay $4,736 per year in taxes yet the neighbor next door is going to pay over $46,000? They both have access to the same public schools, the same street services, and all of the exact public services. Yet somehow, just because someone is buying "now" they are going to pay nearly 10 times the annual property taxes. So what you do of course is that you penalize Millennials at the expense of boomers here. ''
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