YIMBY propaganda now celebrating 19th century boarding houses as aspirational.
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Replying to @thomas_lord
babyboomers chose this by downzoning everything, passing Prop. 13 and gutting public services, infrastructure!
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Replying to @kimmaicutler
So in your view these issues are solely a California problem?
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Replying to @thomas_lord
CA created the first taxpayer revolt with its rapidly escalating housing prices in the 1970s.
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Replying to @kimmaicutler
Hmm. There was nationwide real wage falls / inflation. Isn't this chart like the country overall? http://www.doctorhousingbubble.com/wp-content/uploads/2014/03/hpi-for-california.png …
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Replying to @thomas_lord @kimmaicutler
I'm just thinking that housing cost is an issue for young adults all over and there's a lot of non-CA-specific reaons.
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Replying to @thomas_lord
Yes, I agree with you on that. There are issues with treating housing as a financial asset before shelter.
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Replying to @kimmaicutler
So why not seek to socialize it all? ("issues with treating housing as a financial asset")
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Replying to @thomas_lord
my preference is for LVT rather than fully socialized housing in the US.
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Replying to @kimmaicutler
How does adding a tax cost (LVT) to housing make it more "afforable"?
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going to pull in @iddqkfa on this one. You can defer until a transaction to maintain stability existing primary residences.
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Replying to @kimmaicutler @thomas_lord
LVT always makes housing more affordable for future owners & current renters. Depending on the tax it replaces...
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Replying to @geoliberal @thomas_lord
...LVT also tends to reduce costs for most existing homeowners (who already pay various real estate taxes)
@kimmaicutler1 reply 0 retweets 0 likes - 24 more replies
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