Why is demolishing rent controlled housing to replace with affordable (and more) athena to Berkeley?
The land value is going up in either case given population growth and California’s property tax/real estate system so I don’t know what to tell you.
-
-
This Tweet is unavailable.
-
I think people do not understand how much wealth in Calif. basically gets passively absorbed into rising real estate values with minimal capture on the flipside to offset impacts to tenants bc of Prop. 13.https://www.bloomberg.com/news/articles/2018-04-09/home-values-are-rising-by-800-a-day-in-san-jose …
- 1 more reply
-
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.