Facing a crisis, we tax new housing but keep property tax caps in perpetuity for the olds. http://blogs.wsj.com/economics/2016/05/05/how-city-hall-exacerbates-the-entry-level-housing-squeeze/ …pic.twitter.com/ChAlSRgTH5
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@kimmaicutler fair enough.
@DonaldFalk also only a teeny tiny % of parcels are redeveloped in any year while existing property values, rents keep going up and up
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