@kimmaicutler transfer taxes are worse than gains taxes because they disincentivize selling when values rise slowly (as they should!)
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Replying to @khuey_
@kimmaicutler also SF's transfer tax is buggy, rates are not marginal, so going just over the 1/4-million dollar boundary gets much more tax2 replies 0 retweets 1 like -
Replying to @khuey_
@khuey_@kimmaicutler I'm sure the most likely voters (homeowners) have no interest in voting for something that takes away their money.2 replies 0 retweets 2 likes -
Replying to @rolandlisf
@rolandlisf@khuey_ they didn't do anything to make their home values double. The tech industry's job growth did.2 replies 0 retweets 2 likes -
Replying to @kimmaicutler
@rolandlisf@khuey_ besides this proposal refers to 1% of supra-normal gains1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler@khuey_ Stills seems politically unfeasible. :(2 replies 0 retweets 1 like -
Replying to @rolandlisf
@rolandlisf@khuey_ ok let's just keep tacking on $100K+ in fees per new housing unit 40 years into a shortage for an inadequate amt of BMR3 replies 1 retweet 3 likes -
Replying to @kimmaicutler
@kimmaicutler@rolandlisf as we discussed at@SFyimby-conf yesterday, it's ridiculous to expect the "newcomers" to pay for everything.3 replies 0 retweets 1 like -
Replying to @khuey_
@khuey_@kimmaicutler@SFyimby I think many see it as having private capital pay, but yeah some fees -> new renters, I think.3 replies 0 retweets 0 likes -
Replying to @rolandlisf
@rolandlisf@khuey_@SFyimby depends when it's set and whether it's priced into the land sale underlying the development1 reply 0 retweets 1 like
@rolandlisf @khuey_ @SFyimby if you were to ask for higher % before the land is acquired, wouldn't the developer pay less for the land
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Replying to @kimmaicutler
@kimmaicutler@rolandlisf@khuey_@SFyimby Yes, land values will adjust to any fees, affordable housing %, upzoning or downzoning. Tax land!1 reply 0 retweets 1 like -
Replying to @RFrances2
@RFrances2@rolandlisf@khuey_@SFyimby are you being sarcastic or serious?2 replies 0 retweets 0 likes - 1 more reply
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