Vote Yes! on Proposition 5, the Property Tax Fairness Initiative, this November. This post will explain how this initiative works to benefit seniors and disabled persons (as well as those who lost their homes in a natural disaster) by enabling them to move to a new home in California without absorbing an exorbitant property tax bill going forward.
The United States offers homeowners a mortgage interest deduction while Canada does not. Yet the percentage of people who own their own home is higher in Canada than the United States. Some thoughts on that.