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DEMOCRATS VANT TO SUCK YOUR BLOOD
Just like college students cramming for finals, DEMOCRATS were up late during the last night of California’s 2017 legislative session, deceptively packaging and selling measures "to bring affordability to California’s highest-in-the-nation rents and mortgages".
Before think about escaping your $3,000 per month, 600 square-foot studio apartment, consider what these measures do.
Unfortunately, for the 56 percent of Californians considering moving to escape the outrageous cost of housing, the DEMOCRAT fix is a cruel joke.
DEMOCRATS did what they usually do — after regulations and taxes drive up the cost of a necessary item (in this case, housing) they create subsidies for favored groups and then hand out benefits to campaign contributors that drive up costs even more.
True to form, SB2 by Sen. Toni Atkins, D-San Diego, creates a new $225 fee on real estate transactions.
As if that wasn’t enough, SB35 includes a new requirement that non-government employees on housing projects be paid a wage which adds dramatic increases to building costs.
To clarify, DEMOCRATS believe that increasing the cost to buy, sell and build on real estate will somehow drive down costs.
Winston Churchill once said, “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” DEMOCRATS don’t seem to see the problem.
There will never be a shortage of people wanting to live here. There is, however, a shortage of people who can afford to live here .
http://www.ocregister.com/2017/09/28/california-thinks-it-can-make-housing-more-affordable-by-raising-costs/amp/
http://www.ocregister.com/2017/09/28/california-thinks-it-can-make-housing-more-affordable-by-raising-costs/amp/
