@RFrances2 SF property owners ROI is still much higher given last 5 years in appreciation, assuming 20% down.
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Replying to @kimmaicutler
@kimmaicutler Fees associated with new build are b/c of new residents.When existing home sells for 4X more than purchase, no increase to pop4 replies 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 bc of Prop. 13, longstanding property owners taxes do not keep up with costs of providing public services.1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler Prop 13 repeal is direct attack on middle class. Haven't gov policies destroyed many lives already? Want more tax $$:Tax rents5 replies 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 Prop 13 savings just got priced into higher property values, which penalizes future Californians, future middle class.1 reply 0 retweets 3 likes -
Replying to @kimmaicutler
@kimmaicutler This comment seems misguided, which is unlike your usual. Prop 13 has little to do with price of property.When sold P13 resets1 reply 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 but it makes residential development revenue negative for many CA cities1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler Then why is Central Valley, Inland Empire, NE SD, Sacto to Yuba one new subdivision after another? CA land is being chewed up1 reply 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 bc were not doing multi family infill in the Bay Area? All those are SF tracts.4 replies 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler The entire state will be built out within a few decades b/c millions of people want to move to CA to retire or for better life1 reply 0 retweets 0 likes
@RFrances2 "built out" is subjective. Built out w environmentally inefficient sprawl is diff than doing coastal infill w decent transit
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Replying to @kimmaicutler
@kimmaicutler 1)There's no $$ for transit since gov pensions are taking more $$ from gov budgets. 2)You assume everyone wants what you want4 replies 0 retweets 0 likes -
Replying to @RFrances2
@RFrances2 refuse to build anything at population growth, ride property value $$ gains while capping taxes.1 reply 0 retweets 3 likes - 4 more replies
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