Raising property taxes solves California's housing crisis how again?https://twitter.com/kimmaicutler/status/688608765071867904 …
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Replying to @uscityplanner
@uscityplanner split roll, or deferred tax until time of sale.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler would this be a net benefit to society if this means cash-strapped owners are kicked out of homes due to higher taxes?2 replies 0 retweets 0 likes -
Replying to @uscityplanner
@uscityplanner it's crazy to award people 300% or 10,000% return for just sitting on land. They're rentiering off what everyone else creates1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler extreme cases (driven by coastal zoning constraints) do not represent the experience of most beneficiaries of P. 13 in state1 reply 0 retweets 0 likes -
Replying to @uscityplanner
@uscityplanner I'm in favor of coastal areas or urban areas having a different regime that areas w/ out critical mass.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler but we wont get that, it will just be 'raise property taxes' to solve housing crisis. theres lots of caveats to make that work5 replies 0 retweets 1 like
@uscityplanner in the current situation, the capped taxes merely get capitalized into higher property values and then we just end up taxing
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