No one wants to touch land-use regs, property taxation, so let's just screw CA's younger workers, working-class.pic.twitter.com/78QlGzUObt
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@kimmaicutler @ReasonablySmart 2/The housing issue on coasts is broader than "build more housing." Such as, why? For more developers profit?
@RFrances2 @ReasonablySmart you need a way to capture land value gains if we upzone, in order to subsidize affordable units
@kimmaicutler @ReasonablySmart 4/ Loved your TC article but being spokeswoman for big developers and tech cos seems to undersell your talent
@RFrances2 @ReasonablySmart big devs aim for a 15-20% return over the life of project, typically takes 4 yrs in SF
@kimmaicutler @ReasonablySmart 5/Consider if tech invasion on coasts is similar to Red Tide destroying all other life as it moves thru ocean
@RFrances2 @ReasonablySmart why would you assume it's a Red Tide and not a substantial economic change a la Industrial Revolution in 1800s
@kimmaicutler @ReasonablySmart Prop 13 passed b/c (1) free money; (2) people inc seniors forced from homes. And ads said rents would go down
@kimmaicutler @ReasonablySmart 3/ To increase traffic and use of parks, city amenities, etc? B/c tech cos want to set up in estab cities?
@RFrances2 @kimmaicutler "Why" Isn't complicated. Ppl need places, there are more ppl, making room for ppl in cities is best environment'ly.
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