What if California is the most regressive state in America?
20 hours ago
- #Housing Crisis
- #Progressive Policies
- #California
- California's self-image as a progressive financial powerhouse contrasts with its regressive policies.
- California has the worst housing shortage in the U.S., leading to high poverty rates (17.7%).
- Texas, despite its flaws, provides more affordable housing compared to California.
- Proposition 13 caps property taxes based on purchase date, benefiting long-term homeowners over newcomers.
- California's high sales tax (7.25%) disproportionately affects lower-income households.
- Renters, who make up close to half the population, are underrepresented in the electorate due to barriers like frequent moves and work schedules.
- Homeowners, incentivized to restrict housing supply, dominate voter turnout, especially on zoning issues.
- California's policies result in population stagnation and declining political clout.
- The state needs systemic reforms to remain relevant and inclusive.