2/ BUT it's conceptually crazy that we tax new housing construction to do it, 40 yrs into regional housing shortage.https://twitter.com/DarwinBondGraha/status/674672846031880192 …
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@kimmaicutler But developers are a related issue, and they use their political influence to reap other kinds of windfalls. -
@DarwinBondGraha understand, but the core issue is land value, appreciation. If you're buying at $250K/unit in land costs in SF...
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