75% of the 1.8 million people we expect to add to CA population in next 10 years will be kids of current Californians
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Replying to @kimmaicutler @constans
Great. Lets move some jobs to Sacramento and to Modesto so we're not all in 1 basket.
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Replying to @ladykayaker @constans
that is already what happens. It just happens to be poor people that move to Sacramento/Modesto. You're just
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bad housing policy forcing workers out to areas w/ fewer jobs is a driver of CA inequality http://www.lao.ca.gov/LAOEconTax/Article/Detail/201 …
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Replying to @kimmaicutler @constans
When I was ur age, Seattle was just starting to be "a thing". Look at it now. Sacto et al same situation.
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Replying to @ladykayaker @constans
and that's great. But it doesn't change the fact that poor & middle class are gone from coastal CA bc of policies
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doesn't change the fact that you -- in your return on your real estate asset -- are complicit in this as well.
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Replying to @kimmaicutler @constans
I don't give a rat's ass about the value of my home. I'm living in it. That & my cash flow r all that matters.
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Replying to @ladykayaker @kimmaicutler
you cash outflow is minimized by prop 13, which means city must rely on high-priced resales to make up revenue
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Replying to @constans @kimmaicutler
I say it should be made back by income tax on high earners.
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Kim-Mai Cutler Retweeted SFHAC
won't work so long as Prop 13 makes CA land an incredible sponge for absorbing economic valuehttps://twitter.com/SFHAC/status/788474077384024064 …
Kim-Mai Cutler added,
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