It’s absurd that SF spends so much time arguing over the allocation of the ~2,000 we units we build a year while owners of the existing ~400K housing units generally see their assets appreciate by $130 *billion* a year. https://www.bizjournals.com/sanfrancisco/blog/real-estate/2016/01/san-francisco-home-values-zillow.html …https://twitter.com/emilymbadger/status/1155817124541206528 …
-
-
I agree and completely get the end ideal; the question is about how you keep the transition period from spinning out of control. Reassess, and you rich-shift the demographics of several districts overnight. (Well, within two tax years.) Then that's the city you're working with.
-
Multi-decade phaseout? Multi-decade phaseout with proceeds largely going to a statewide deed-restricted affordable housing program? Deferment until point of sale? Low-income & senior deferrals and exclusions?
- 2 more replies
New conversation -
-
-
Hence, San Jose attracting in Google w/ 20K workers because the city is 85% residential, 15% employment lands. Or SF approving the Central SOMA plan with 32K jobs/8K housing units. Or the Santa Clara Related project, or San Mateo Co. allowing 70K jobs/ 3K units in this cycle
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
… and by raising fees to make the newcomers solve every conceivable problem
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.