My new article in @UrbanAffairsRev : Upzoning Chicago: Impacts of a Zoning Reform on Property Values and Housing Constructionhttps://journals.sagepub.com/doi/10.1177/1078087418824672 …
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One way is to limit office growth unless there is housing available for the new workers.https://48hills.org/2019/01/yimby-narrative-wrong/ …
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Sure, but good luck paying for unfunded pension liabilities (which is usually why lots of Bay Area cities approve disproportionate office space).https://twitter.com/kimmaicutler/status/1081261033002393600?s=21 …
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What do the taxes look like there with rising values?
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Chicago is like WA: taxes rise if a lot goes up in value relative to other lots in the same tax district (as in this case). Annual tax bill change isn’t tied directly to absolute value of a lot.
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