Because CA undertaxes long-held properties, cities impose impact fees on new housing to compensate -- 40 yrs into a shortage. #prop13pic.twitter.com/JMeV2gkGLP
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When I get home. Point IIRC was that in-lieu parking fee was something like 30x the entire impact fee per sqft.
(Don't quote me on that though; relying on my very faulty memory about something that I read quite a while ago.)
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