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Yonathan’s blog

Personal blog · blog.yonathan.orgeconomicspolitics

Yonathan’s blog is a personal blog at blog.yonathan.org about economics and politics. Since 2017, 3 different Hacker News readers have linked it 5 times. The last post was in 2022, but the archive is still widely read.

Visit the blog
5mentions?
3HN people?
2017–2020first – last linked?
Links on Hacker News per year · peak 2 in 2018

Too few sampled comments (5) to say how often HN recommends it.?

Why HN links it

Posts on California property tax rules, including Proposition 13 inheritance and replacement-property transfers, Proposition 19 deadlines, and misuse of the Residential Nexus Analysis in housing debates. Commenters link them as references.

Summarised by Claude from a sample of 5 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.

Most-linked posts?

  1. /posts/2017-10-transferring-prop13-assessed-value.html
    2 people · 2 mentions · first linked 2017-10-25

What Hacker News says?

  1. > You completely missed the point. You are simply not taking into account the service industry jobs that arise to serve the new "high-end condo" residents. Baristas and teachers need BMR housing. Tim's article is yet another misuse of the Residential Nexus Analysis. For more info as to how that paper is abused: https://blog.yonathan.org/posts/2017-04-stop-quoting-the-res... https://www.nahb.org/en/research/nahb-prio…

    Comment linking /posts/2017-04-stop-quoting-the-residential-nexus-analysis.html

    on “Stripe to donate $1M to California Yimby”
  2. For Proposition 19, if the house is in a trust that the beneficiaries can “share and share alike”, then the trustee can give the house to one sibling (the one who will live in the property) and give cash to the other siblings to avoid reassessment. Or you can transfer the property before February 16, 2021; see https://blog.yonathan.org/posts/2020-11-proposition-19-paren...

    Comment linking /posts/2020-11-proposition-19-parent-child-deadline.html

    on “Tech elites leaving San Francisco threaten Silicon Valley's supremacy”
  3. The Proposition 13 tax assessment can be inherited. If you have at least as many houses as family members, then your family benefits indefinitely from supply restrictions and Proposition 13. See the Legislative Analyst’s Office Report on the Property Tax Inheritance Exclusion ( http://www.lao.ca.gov/Publications/Report/3706 ) and my own how-to ( https://blog.yonathan.org/posts/2017-10-transferring-prop13-... ).

    Comment linking /posts/2017-10-transferring-prop13-assessed-value.html

    on “How did we create a society where we can’t afford to live in our own country?”
  4. Or even worse, they transfer their Prop 13 to a “replacement property”: https://blog.yonathan.org/posts/2017-10-transferring-prop13-...

    Comment linking /posts/2017-10-transferring-prop13-assessed-value.html

    on “Mall landlords struggling to find takers at a price they’ll accept”
  5. > I was thinking on the way home that maybe you lock property taxes in but then you have to lock your home price as well, but that probably wouldn’t work. I think this might be an interesting improvement on Proposition 13: you can choose to lock in your low assessed value, but then you have to sell at that assessed value or pay taxes on the difference. This would allow homeowners to opt out of the free market for pr…

    Comment linking /posts/2018-09-proposition-10-rent-control.html

    on “How California Became America’s Housing Market Nightmare”

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