Seattle builds housing at 2-4X the rate that SF has done, has passed 2X the number of affordable housing levies that SF has, doesn’t have discretionary review and doesn’t tax production of new housing with $165K/unit in fees.https://twitter.com/hknightsf/status/1162376780864348161 …
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Replying to @kimmaicutler
Using general taxes to pay for affordable housing, instead of taxes on private housing investment, is neoliberalism.
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Replying to @TribTowerViews @kimmaicutler
I’m all for public value recapture but huh? Raising public taxes for public projects is neoliberal?
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Replying to @TribTowerViews @Marquseeee
But the other reality is that we only got to raise the bond to $600M bc property value assessments (triggered by sales/transfers) rose high enough to justify a bigger bond w/out raising current tax levels on property owners. 
9:09 AM - 16 Aug 2019
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