> There's no advantage to passing on a house to kids passing on stocks. Except f... | Hacker News

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		TomVDB on July 19, 2021 \| parent \| context \| favorite \| on: Show HN: Should I Get a House? a better rent vs. b... > There's no advantage to passing on a house to kids passing on stocks. Except for Proposition 13 in California, which allows you to pass on your real estate tax to your inheritors once. In the case of my neighbors, that means their son will pay ~$1200 in taxes per year vs ~$30k for us who own an identical house.

HWR_14 on July 19, 2021 [–]

Repealing Prop 13 seems like the most important single change that can be made to the California real estate market.

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