San Francisco is going to tax properties in the city to pay for junior college
The city of San Francisco has created a new transfer tax that will be used (very partially) to pay for junior college tuition – for anyone – well, anyone that has lived in the city for at least 1 year.
While we can debate whether or not the government taking money from one group and giving it to another to provide a free college education on some other occasion, what we are most interested today is what this will likely do to the real estate market in San Francisco.
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