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 …
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No kidding: how much free college could California have funded with
#Prop13 homeowner windfall gains? How much more wealth could have been created than from these totemic assets? -
Or if free college (like CA had in the 1960s) is too socialist - how about just ensuring that K-12 $/child is funded at levels higher than Mississippi - which has a significantly lower cost of living/doing business.
End of conversation
New conversation -
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