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Prices rise by at least that much every few months. It’s a rounding error.


1.5% of a million dollars is a rounding error. You and many other people in this thread are extremely disconnected from reality.


The median home across all California is up 9% last year to $537k [0]. That's a change on the order of $40k. 1.5% of a million dollars is indeed a lot of money, but in this context, you pay the same penalty for letting 6 months elapse.

[0] https://www.zillow.com/ca/home-values/


And how many such regulations that only add on "rounding errors" to the cost of creating housing exist?




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