It's my theory that they want to take the concept you have within CA... that living near the coast will cost you a bunch more and you'd better just get used to it.... and want to extend this concept out to the whole state... to where they engineer the whole thing to be ridiculously expensive, on purpose, as perhaps some means of hitting a massive reset in terms of gentrification.
Cause with the property prices their policies are creating... the only people that are gonna be able to afford most of the homes will be both parents working and have high-paying careers that typically require some education. Which... translates into greater tax income revenue stream for them to play with and they know it!
Also... we have Prop 13 protections here in this state. Which hampers this effort. And they've been trying tooth and nail to do their inch-by-inch dance, death-of-a-thousand-cuts with that one too. Their only way around this is when that property changes hands and must be re-assessed at current modern-day prices for it's taxation base.
And since their spending habits are off the charts looney bird, such honest and noble legislation as Prop 13's intent, by their playbook, I reckon that to them, this must go. So they're gonna try every damn thing they can to force out people due to expenses. Because thinking globally, there will be no problem finding enough rich bast@rds to want to move on in to the vaccuum left behind. And then those greedy govts can have their cake and eat it too. It's gonna be majority upper-crusty.. with just enough housing for the lesser classes so they can still continue to hire construction crews filled with immigrants for less money. And someone to fetch their car from valet, etc. You get the idea.
