@TruliaRalph @JoshZumbrun no, as w/upzoning it can both↑land value & expand supply so ↑affordablityhttps://twitter.com/kimmaicutler/status/755040488508403713 …
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Replying to @tmccormick
that's theoretically possible, but more likely to be true in shortrun (before migration)
@kimmaicutler @TruliaRalph@JoshZumbrun1 reply 0 retweets 0 likes -
Replying to @geoliberal
to paraphrase Keynes, in the long run we're all displaced. c/ @TruliaRalph
@JoshZumbrun@kimmaicutler1 reply 0 retweets 2 likes -
Replying to @tmccormick
If density produced affordability, then HK wouldn't be the least affordable place of all @TruliaRalph
@JoshZumbrun@kimmaicutler5 replies 0 retweets 2 likes -
I mean, it all gets priced into land. But HK is 50% public housing, no?
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Replying to @kimmaicutler
land-use change "all gets priced into land": know of any good studies on when/how that is true?
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Replying to @tmccormick @kimmaicutler
also, are you implying that b/c priced into land, land-use change can't address affordability?
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Replying to @tmccormick
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@tmccormick@kimmaicutler @iddqkfa (2/2) when zoned for multiple uses, land capitalization process only prices in use of least resistance.1 reply 0 retweets 1 like -
Replying to @HousingRalph @tmccormick
do you know of any good studies on the long-term land capitalization of Prop. 13?
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Replying to @kimmaicutler @tmccormick
I believe Ken Rosen looked at this in early 80s. Prob time for a revisit: http://www.jstor.org/stable/1831240?seq=1#page_scan_tab_contents …
2 replies 1 retweet 3 likes
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