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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Replying to @kimmaicutler
@kimmaicutler The argument that developers are being over-taxed is flawed, I think.1 reply 0 retweets 0 likes -
Replying to @DarwinBondGraha
@DarwinBondGraha They are still buying land at the peak of the land cycle, which only gives them a certain margin. Would rather tax land.4 replies 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler Of course taxing land price gains is a better policy, but attaching fees to offset impacts of development is reasonable.3 replies 0 retweets 2 likes -
Replying to @DarwinBondGraha
@DarwinBondGraha Would rather provoke the debate that land values are the real issue, not necessarily developers.1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler But developers are a related issue, and they use their political influence to reap other kinds of windfalls.2 replies 0 retweets 0 likes
@DarwinBondGraha or if Oakland is only marginally cheaper w/ production costs because we're drawing from the same labor pool.
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