@kimmaicutler @AlanZibel @emilymbadger @dianeyentel @AJakabovics if income is predictable, can't they issue bonds against it?
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@rk@AlanZibel@emilymbadger@dianeyentel@AJakabovics the pt was that any taxes they pay would be outnumbered by the units they likely - 1 more reply
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@kimmaicutler Leveraged with fed/state/private dollars it can go very far. -
@DarwinBondGraha@kimmaicutler typical estimate of city portion of cost is $200k, so $12M = 60 units, not counting city/tax overhead - 2 more replies
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@kimmaicutler@AlanZibel imo Airbnb(like) platform sh/could work w/govts to create ADUs.1000s in SF.@emilymbadger@dianeyentel@AJakabovics -
@tmccormick@kimmaicutler@emilymbadger Seen it work for a LL to take some pressure off existing tenants by bldg an ADU for sh-term rentals. - 6 more replies
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@kimmaicutler presumably if hotel tax high enough, would increase airbnb rates and transfer another ~20-40 units to rental mkt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@AlanZibel@emilymbadger@dianeyentel@AJakabovics $ could also act as annual teacher rent subsidy -
@kimmaicutler@AlanZibel@emilymbadger@dianeyentel@AJakabovics then a $3500/mo unit could become $1500/month
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@kimmaicutler@AlanZibel@JaneKim proposal to increase hotel tax 1% generates over $27 million Better than nothing http://www.sfexaminer.com/supervisor-kim-calls-for-tax-increases-to-hotels-luxury-home-sales/ … -
@tigerbeat@kimmaicutler@AlanZibel@JaneKim Redistributing land rents is the only scaleable way to fund BMR housing in SF/Bay Area.
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