California's tax system through 1978's Prop. 13 incentivizes landbanking, or keeping land non- or under-utilized.https://twitter.com/sama/status/790954275689988096 …
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Replying to @kimmaicutler
@sama@nytimes This assessment confuses me. The best way to generate more taxes under Prop 13 is to build / sell more units.2 replies 0 retweets 2 likes -
this is the breakdown for Brisbane if it's 4,000 units of housing vs all office/hotel. City gets $7M+ if no housingpic.twitter.com/UHyM9dsTa4
1 reply 1 retweet 3 likes
Replying to @kimmaicutler @adamnash and
scenario #1 is housing. only $1M in net tax revenue.
11:05 AM - 25 Oct 2016
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