justoffal
Diamond Member
- Jun 29, 2013
- 26,182
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No longer any need for owners of a rental property in California to pay property tax!
No longer any need for owners of a rental propery in California to do any maintenance.
It'll take years for the state or city to confiscate - just be sure to bank the money out of state - or maybe out of country. Surely that was the intent - lots of legislators own rental properties and smell the money.
This is the reason socialism fails not sometimes but every time. Socialism despite all of its high sounding nobility is simply the process of forcing the successful part of society to yeild unwillingly to the unsuccessful part of society. In any power differential the grounding effect of a load always supersedes the ability of the power source to supply it. It is no different in the economy or in life in general.
Jo