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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Split roll makes most sense, increases govt tax revenue without potential fallout on rental market. Have heard little discussion of how prop 13 actually keeps rentals cheaper by keeping landlord overhead costs down.
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It was a lie, which is how rent control got passed in 1979 and in the immediate ensuing years after P13 passed
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