Spend all this time negotiating w/ real estate developers for tiny concessions when the majority of land owners can walk away like this.https://twitter.com/asaxena/status/780815773316984833 …
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is selling free and clear and keeping appreciation values a Prop 13 thing
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the whole argument for inclusionary housing is about managing down or extracting from land values for benefit.
End of conversation
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they don't: appreciation in excess of $250K taxed as a cap gain. Property reassessed @ sale price.
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