Transfer taxes on home equity gains could generate orders of magnitude more funding for affordable housing.https://twitter.com/danielkayhertz/status/673912848003764224 …
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@kimmaicutler @rolandlisf as we discussed at @SFyimby-conf yesterday, it's ridiculous to expect the "newcomers" to pay for everything.
@khuey_ @kimmaicutler @SFyimby I think many see it as having private capital pay, but yeah some fees -> new renters, I think.
@kimmaicutler @khuey_ That sounds consistent with the region's approach. Also tomorrow should be interesting: http://www.berkeleyside.com/2015/11/03/numerous-appeals-filed-for-2211-harold-way-project/ …
@kimmaicutler @rolandlisf @khuey_ SF approach is to add more fees when market is hot. Then less likely anything gets built during downturn.
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