There’s not much actual commercial prop tax. Srsly. Mostly legacy trusts; ground leases; Section 64 Ownership Change tax evasions, etc. The law has to be changed wholesale.
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What is Section 64? Anything more arcane and infuriating I can learn today?
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Most other American cities would love this: the suburbs already get most of the tax revenue, and with this they’d get it all. No inner city schools in the south. Only the Bay Area could be so counter cultural
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The job core in the Bay Area has been historically suburban for the last half century. It’s only the last 10 years that tech largely centered in SF.
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Wish I didn't have a typo in this now lol.
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show me the lie
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