I’m double quote tweeting this because the rational response to “we need the market to keep roaring and misallocating to the top end in SF to get $$$ for subsidized housing” is “let’s unlink their dependence” FFShttps://twitter.com/LondonBreed/status/1096804473333178368 …
She is running another affordable housing bond, which is not a cyclical source of capital, FYI.
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the proposal is to reschedule other bonds so as to avoid the dreaded raising of property taxes, no?
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There’s that, um, state thing in our state Constitution that prevents changing our property taxes tho (which is why we’re doing split roll in 2020.)
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