Activists villainize developers for being greedy. But hardly anyone asks the same of landowners & their equity gains http://modernluxury.com/san-francisco/story/condo-seller-gives-half-million-dollars-help-save-the-neighborhood-she-loves …
@RevClown you don't think developers do the same? They add ground floor retail space, have to pay benefits to community orgs.
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@kimmaicutler not saying developer's don't make a contribution but as spec investment. cash out is seen as "reward" for staying aroundThanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@RevClown & developers create needed housing + new tax base, employ builders, generate inclusionary units/fees. -
@kimmaicutler@RevClown imo across-board rise in property transfer tax would be sensible, fair, sellable policy shift to fund housing.
End of conversation
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