Confluent Developer ft. Tim Berglund, Adi Polak & Viktor Gamov cover image

International Podcast Day - Apache Kafka Edition | Streaming Audio Special

Confluent Developer ft. Tim Berglund, Adi Polak & Viktor Gamov

00:00

Is the Same Organization That Owned the Land of This Golf Course?

He gets into this really interesting philosophical bet where he talks about the taxes that these golf courses and these really elite areas are kept low in California. And there is a law here in California that limits what a property tax can grow by until it's been sold. So if like the same club has been owning the same chunk of land for 200 years or 100 years or however long it is, then the taxes are artificially deflated. Whereas if you were to- Or if that golf course up into plots and then sell it off as housing would be like quarters of magnitude higher because the land is actually worth billions of dollars.

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