@adamnash @MJB_SF I wish Ted had a Twitter account. Some of it is explained here -- http://sfcontroller.org/Modules/ShowDocument.aspx?documentid=6457 …
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Replying to @kimmaicutler
@kimmaicutler@mjb_sf I read through it, but doesn't seem to explain the $250K - $300K. Is it replacement cost for affordable housing unit?4 replies 0 retweets 0 likes -
Replying to @adamnash
@adamnash@MJB_SF this is what Ted said to me in an e-mail today.pic.twitter.com/w6SwsepZKm
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Replying to @kimmaicutler
@kimmaicutler@mjb_sf Interesting. So it's a GDP-like number, not really a govt revenue number (like hotel taxes, etc)1 reply 0 retweets 2 likes -
Replying to @adamnash
@kimmaicutler@mjb_sf Two things that didn't compute. 1) if it was revenue, you'd invest 8-10x that amount to generate that income.1 reply 0 retweets 1 like -
Replying to @adamnash
@kimmaicutler@mjb_sf 2) If a person buys a 2nd home, and doesn't rent it, seems like it would also destroy value by that rationale.1 reply 0 retweets 1 like -
Replying to @adamnash1 reply 0 retweets 0 likes
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Replying to @kimmaicutler
@kimmaicutler@mjb_sf Thx for your patience. Always interesting to dive a bit deeper into these topics.3 replies 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler@mjb_sf I don't think it is off, just seems like comparing aggregate economic impact to revenue is a mismatch.4 replies 0 retweets 3 likes
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Replying to @kimmaicutler
@kimmaicutler@adamnash@MJB_SF analysis flawed b/c based on outlier cost case#490SVanNess, assumes all units BMR & 100% subsidy not IZ.1 reply 0 retweets 1 like -
Replying to @tmccormick
@tmccormick@adamnash@MJB_SF IZ units still cost mostly the same as market-rate. It just comes out of the developer, project.1 reply 0 retweets 0 likes - 6 more replies
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