Wednesday, December 7, 2016

How to make California homes affordable by discouraging foreign investment

If California wanted to lower house prices, it could tax foreign investment and tax homes left vacant year-round.

The primary reason house prices are so high in California is a lack of supply. However, a secondary reason is the influx of foreign investors, many of whom don’t live in the...

How to make California homes affordable by discouraging foreign investment

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